Airbus cutting 15,000 jobs, most in Europe


European plane producer Airbus says it plans to get rid of 15,000 jobs over the subsequent yr, largely in Europe, because it struggles with the monetary hit from the coronavirus pandemic.

“With air traffic not expected to recover to pre-COVID levels before 2023 and potentially as late as 2025, Airbus now needs to take additional measures,” the corporate stated in an announcement.

It plans to shed 5000 staff in France, 5100 in Germany, 1700 in Britain, 900 in Spain and 1300 others at Airbus services elsewhere.

Airbus stated it desires to start out making the cuts inside months, from this northern autumn.

It will purpose for voluntary departures and early retirements, but additionally stated that obligatory job losses cannot be dominated out.

“Airbus is facing the gravest crisis this industry has ever experienced,” the corporate’s chief government Guillaume Faury stated in the assertion on Tuesday.

“The measures we have now taken to this point have enabled us to soak up the preliminary shock of this international pandemic.

“Now, we should be sure that we are able to maintain our enterprise and emerge from the disaster as a wholesome, international aerospace chief.”

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