Heathrow Operator to Slash Jobs

As if Heathrow, AKA the Aird of Sleat, were not bad enough, then there come this news.  Ferrovial, the Spanish owner of the airport is going to slash a thousand or so jobs. 

Then there is my favourite quote in the article:  "The cuts will heighten concerns that Ferrovial, the Spanish company that borrowed heavily to buy BAA last year, is not focusing on the long-term interests of Britain's key international gateways."

Corporations exist to make profits, not strategic infrastructure decisions to support other industries and activities on a loss making basis.  That's why we tolerate governments and taxation, to fulfill these roles and provide a framework for the other economic activities, or am I missing something?

Anyhow, seems that the Heathrow experience is not going to get better anytime soon.