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Airbus measures to cost about 2,000 jobs, most in space division

Bloomberg
Bloomberg • 2 min read
Airbus measures to cost about 2,000 jobs, most in space division
The European planemaker is slashing positions after struggling to compete with more nimble players like SpaceX and racking up charges from some programmes. Photo: Bloomberg
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Airbus said the job cuts it announced in mid October will result in 2,043 reductions, more than half of which will occur at its ailing space systems division.

The measures will be spread between different country divisions, with Germany taking the biggest hit at 689 positions, followed by 540 in France and 477 in the UK, according to a statement on Wednesday.

Space Systems will see about 1,128 jobs lost, followed by 618 reductions at headquarters and some at other operations, Airbus said.

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