Struggling Airbus will fulfill 15k roles worldwide, including 1,700 in the UK factory, where it makes wings for jets
Aircraft maker Airbus will cut 15,000 jobs worldwide as it struggles to survive the corona virus crisis.
About 1,700 rolls will be cut in the UK, employing 13,500 people and making all the wings for its jets.
It warned in April that it was “bleeding money.” The company currently has a total of approximately 134,000 employees.
Aircraft maker Airbus has to cut about 1,700 rolls in the UK, where it employs 13,500 and makes all the wings for its jet aircraft
It will cut back in the summer of 2021 – and we hope most layoffs are voluntary or early retirement.
Airbus’s losses reflect drastic redundancy programs across the airline industry as it absorbs declining air travel demand due to the coronavirus outbreak.
Airbus thinks it will not be back in full production until 2025.
Archrival Boeing lets 16,000 people go, about 10 percent of the workforce, while engine supplier Rolls-Royce bites 9,000 and British Airways plans a reduction of about 12,000.
Airbus is cutting 5,100 jobs in Germany, 5,000 in France and 900 in Spain, and 1,300 in other countries.
Budget company Easyjet has said that there will be 4,500 – with 1,900 jobs announced in the UK yesterday.