Airbus announces 15,000 workforce reduction

Posted on: July 2nd, 2020 by PWM

On 30th June Airbus announced plans to adapt its global workforce and resize its commercial aircraft activity in response to the Covid-19 crisis. 

The “adaptation” is expected to result in a reduction of around 15,000 positions no later than summer 2021. Consultations have commenced with a view to reaching agreements for implementation starting in autumn 2020. 

Airbus says its commercial aircraft business activity has dropped by close to 40% in recent months as the industry faces an unprecedented crisis. Commercial aircraft production rates have been adapted accordingly. Air traffic is not expected to recover to pre-Covid levels before 2023 and potentially as late as 2025, so Airbus says it now needs to take additional measures to reflect the post Covid-19 industry outlook. 

Airbus expects to reduce its UK workforce by 1,700, in France by 5,000, in Germany by 5,100 and in Spain by 900. Another 1,300 jobs will go in other Airbus sites worldwide. 

“Airbus is facing the gravest crisis this industry has ever experienced,” said Airbus CEO Guillaume Faury. “The measures we have taken so far have enabled us to absorb the initial shock of this global pandemic. Now, we must ensure that we can sustain our enterprise and emerge from the crisis as a healthy, global aerospace leader, adjusting to the overwhelming challenges of our customers. To confront that reality, we must now adopt more far-reaching measures. Our management team and our Board of Directors are fully committed to limiting the social impact of this adaptation. We thank our governmental partners as they help us preserve our expertise and know-how as much as possible and have played an important role in limiting the social impact of this crisis in our industry. The Airbus teams and their skills and competences will enable us to pursue our ambition to pioneer a sustainable future for aerospace.”

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