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Job Cuts : Airbus confirms 10,000 job cuts

DerekLeung

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Airbus confirms 10,000 job cuts

Unions have expressed anger at the scale of the cuts
Troubled planemaker Airbus has announced it is to cut 10,000 jobs across Europe over the next four years.
France will be worst hit with 4,300 job losses. Germany will see 3,700 jobs go while the UK and Spain will see 1,600 and 400 jobs cut respectively.

Airbus said it would not force any compulsory redundancies but unions have pledged to fight the cuts.

Airbus boss Louis Gallois said the firm was "facing huge challenges" and "was not efficient enough".

Factory options

Mr Gallois said the prolonged weakness of the US dollar had made the restructuring necessary, while the production delays to the flagship A380 superjumbo project had provided the "trigger" for the cutbacks.
 

DerekLeung

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