Airbus SE to shed 15,000 employees, says future at stake

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Airbus SE to shed 15,000 employees, says future at stake

On Tuesday, Airbus SE, the Leiden, Netherlands-based European multinational corporation and the world’s no. 1 aircraft maker ahead of US-based Boeing Co., had told in a statement that the world’s largest airline manufacturer had been exploring an option to trim as many as 15,000 jobs including the 900 it already had sidestepped in Germany amid a steep drop in demands, darkening the outlooks further for the aviation industry which had borne the heaviest brunt from the pandemic-driven economic downturn.

Aside from that, bolstering view that much of the global aviation industry, which has long been clinging on to a fading hope of Government-backed relief bills, had been nearing their drawdowns, the Europe’s flagship aircraft carrier maker had also added on its Tuesday’s statement that the Paris-, Frankfurt- and Milan-listed aircraft maker’s future had been at stake as the pandemic outbreak had rattled the global aviation industry.

Airbus SE to slash jobs in pursuit of survival race

On top of that, as the European flagship aircraft carrier maker had already acknowledged that its latest move to slash jobs, had been a part of its attempt to cut expenses to stay operational amid a number of cancellations in orders, the world’s largest aerospace group was quoted saying at its Tuesday statement that the European planemaker would trim 5,000 jobs in France, 5,100 posts in Germany, 900 in Spain, 1,700 in UK and some 1,300 elsewhere in the bloc.

Concomitantly, as beforementioned, the company had already slashed 900 jobs at its Premium AEROTEC unit in Germany. In tandem, the recently announced Airbus move to slash as many as 15,000 jobs in the bloc would be subject to talks with a number of unions, some of which had immediately pledged to oppose the layings-off, however, Airbus SE had shown intent to meet with the unions’ leaders as the European planemaker appeared to be seeking voluntary departures.