The company said Airbus Defence and Space presented the plan to employee representatives and launched a consultation process for the cuts. The plan would eliminate 2,362 positions in all — 829 in Germany, 357 in the U.K., 630 in Spain, 404 in France and 142 elsewhere.
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PENTAGON RECONSIDERING HUGE JEDI CLOUD COMPUTING CONTRACT
The Pentagon is reconsidering how to make a massive shift to cloud computing, officials said Monday, suggesting it could scrap the so-called JEDI contract potentially worth $10 billion that was awarded to Microsoft Corp. but is mired in legal challenges.
GERMAN WATCHDOG BANS FACEBOOK FROM PROCESSING WHATSAPP DATA
TESLA TO STOP ACCEPTING BITCOIN FOR CAR PAYMENTS
Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, citing environmental concerns.
CHINA SAYS XIAOMI REMOVAL FROM U.S. BLACKLIST “BENEFICIAL”
China’s commerce ministry on Thursday welcomed the removal of Xiaomi Corp. from a U.S. government blacklist, a day after the U.S. reversed a ban on U.S. investments in the smartphone maker that was imposed under former President Donald Trump.
KENTUCKY PLANT BENEFITING FROM LATEST APPLE INVESTMENT
Apple deepened its ties to a Kentucky plant on Monday by awarding another $45 million to support Corning Inc.’s work to supply glass for the tech giant’s iPhones and other devices.
FACEBOOKBACKED DIGITAL CURRENCY PROJECT DIEM SHIFTS TO US
A once-ambitious Facebook-backed digital currency project — formerly known as Libra, now called Diem — is shifting operations from Switzerland to the U.S. and said it plans to launch a cryptocurrency tied to the U.S. dollar later this year.
JAPANESE TYCOON PLANNING SPACE STATION VISIT, THEN MOON TRIP
The Japanese fashion tycoon who’s booked a SpaceX ride to the moon is going to try out the International Space Station first.
AMAZON WINS EU COURT FIGHT OVER $300 MILLION TAX RULING
In the latest setback to European Union efforts to tackle corporate tax avoidance, a court on Wednesday annulled a ruling by the European Commission that a tax deal between Amazon and Luxembourg’s government amounted to illegal state support.
BIDEN SIGNS ORDER TO BEEF UP FEDERAL CYBER DEFENSES
President Joe Biden signed an executive order meant to strengthen U.S. cybersecurity defenses in response to a series of headline-grabbing hacking incidents that highlight how vulnerable the country’s public and private sectors are to high-tech spies and criminals operating from half a world away.
ALIBABA RECORDS FIRST QUARTERLY OPERATING LOSS SINCE IPO
Alibaba had its first quarterly operating loss since it went public in 2014 after Beijing slapped a record $2.8 billion fine on the nation’s largest e-commerce company for abusing its market position.
TO BOLDLY GO
An astoundin mission to bring the internet to everyone on the planet is changing the way we think about mass production and procurement. Airbus Oneweb Satellites is shattering earthly bonds and long-held expectations about the linits of possibility.
No Explanation Needed When You Do It Yourself
Boeing Says Pandemic Will Cut Demand For Planes For a Decade
Boeing is lowering its expectations around demand for new planes over the next decade as the coronavirus pandemic continues to undercut air travel.
Do You Really Want a Flying Car?
It's the year 2020. So where are all the flying cars? The vast majority of people still get to work and school in boring, ground-bound cars. Not to mention buses, trains, and bikes.
The world’s coolest and most luxurious helicopters are the ultimate modes of VIP transport
Airbus Is Ready For Pilotless Jets
The chief salesman for Airbus says his company already has the technology to fly passenger planes without pilots at all — and is working on winning over regulators and travelers to the idea.
Volante Vision Concept
The future of luxury air travel.
How To Be Eco-Friendly In The Aviation Industry!
Each year airlines begin new sustainability initiatives, experiment with biofuels, and offset their carbon emissions on selected flights; yet, sustainability should not only be a topic of discussion when an aircraft is in the air but also when it’s on the ground.
The way forward, a journey of innovation and excellence. In conversation with Udayant Malhoutra, CEO & MD, Dynamatic Technologies
Airbus pioneers first satellite factory in space
Airbus has been selected by the European Commission to study spacecraft manufacturing in space through the Horizon 2020 Programme. The PERIOD (PERASPERA In-Orbit Demonstration) project focuses on satellite assembly and manufacturing in orbit. This A/B1 phase study contract, worth € 3 million, will last two years, with the objective to continue with a demonstrator in orbit.