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Radical job cuts at Airbus: aircraft manufacturer plans to cut over 2,300 jobs - most of them in Germany

2020-02-20T06:12:21.013Z


The aircraft manufacturer Airbus plans to cut more than 2,300 jobs. The measure is part of a savings package. Most jobs are being cut in Germany.


The aircraft manufacturer Airbus plans to cut more than 2,300 jobs. The measure is part of a savings package. Most jobs are being cut in Germany.

  • Bad news for Airbus employees: There is a risk of massive job cuts .
  • Jobs in Germany , Spain and France are affected.
  • The job cuts are part of a savings package in the armaments division of the group.

Munich - A radical downsizing affects employees of the European aircraft manufacturer Airbus. The company plans to cut a total of 2,362 jobs in its defense and space division . In Germany alone , 829 jobs will be lost , 357 in the UK and 630 in Spain. 404 jobs will also be cut in France and 142 jobs in other countries. Airbus has already presented the plans to the employee representatives, and coordination with them is now beginning.

Airbus plans to cut jobs - measure is part of a savings package in the arms division

It was already known at the end of 2019 that Airbus was planning a savings package for the arms division. Airbus Defense and Space must " take robust measures now and improve the underlying cost structure" because the short-term perspective "is more critical than ever and requires a decisive turnaround," said division head Dirk Hoke at the time in a circular letter to the employees.

Last year, the Airbus group with 135,000 employees generated sales of 70 billion euros . According to its own statements, the company is the European market leader for tank, combat, transport and mission aircraft and one of the largest space companies in the world. In addition to the job cuts, there is another negative headline about Airbus. The prosecutor is currently investigating suspected money laundering against the aircraft manufacturer. For more information, see the video.

Not only Airbus is threatened with job cuts, but also at Real and Linde AG

But not only Airbus employees are at risk of losing their jobs. Even thousands of employees of the Real supermarket chain have to fear for their jobs after the group has been sold to a Russian investor.

And the German-American group Linde AG has also announced job cuts in Germany. The Bavarian IG Metall boss has a grim forecast.

Source: merkur

All news articles on 2020-02-20

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