Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division after spending months taking a deep dive into heavy losses in its satellites business.

Airbus SE plans to eliminate as many as 2,500 positions at its defense and space division as the European aircraft manufacturer seeks to streamline a business that’s consistently racked up ...

Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business environment” marked by challenges including rising costs and “rapid changes ...

Airbus AIR-0.12%decrease; red down pointing triangle is cutting up to 2,500 workers from its struggling defense and space division as the European aerospace giant battles with program delays ...

WASHINGTON – Airbus’ defense and space division announced plans to cut up to 2,500 positions by mid-2026, citing a "continued complex business environment, especially in the space systems ...

Airbus to Cut 15,000 Jobs. Share full article. Published June 30, 2020 Updated July 1, 2020. ... Airbus will cut 10 percent of its work force, the largest downsizing in its history.

Airbus' Beluga XL takes off from Toulouse Blagnac airport on April 30, 2020. - The aircraft entered ...More service on January 09, 2020, after receiving its type certification on 13 November 2019 ...

PARIS - Airbus said it will cut 10,000 jobs over four years as part of a restructuring plan aimed at helping the planemaker overcome costly delays to its A380 superjumbo and the effects of a ...

Airbus said it would cut 15,000 jobs across its commercial aircraft division, the biggest restructuring in the planemaker’s history, citing what it expects to be the Covid-19 pandemic’s ...

Airbus plans to shed 1,164 management jobs in a bid to streamline and boost its competitiveness, the aerospace and defense company said today. Sections.

Airbus, Expecting Long Slump in Air Travel, Will Slash 15,000 Jobs The European aircraft giant said it didn’t expect air travel to return to pre-virus levels till perhaps 2025. Share full article ...