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Airbus to axe up to 2,500 jobs in space and defence division
The Straits Times
|October 18, 2024
Airbus announced plans on Oct 16 to cut up to 2,500 jobs in its struggling space and defence division, in the latest sign of trouble for the European aerospace industry.
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The division, which employs 35,000 people, has been struggling as demand for satellites has fallen and as a consequence, Airbus said it was necessary to adapt its organisation and workforce.
“It is expected that these measures will result in a reduction of up to 2,500 positions within Airbus Defence and Space until mid-2026,” the company said in a statement.
The firm said it would engage in discussions with trade unions about the changes and indicated it would like to avoid forced departures.
Dit verhaal komt uit de October 18, 2024-editie van The Straits Times.
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