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Airbus to Cut 2,043 Jobs in Defence and Space Division by Mid-2026
Dec 4, 2024, 07:39 PM
Airbus SE has confirmed plans to reduce its workforce by 2,043 jobs in its Defence and Space division, scaling back from an initial estimate of up to 2,500 job cuts. The layoffs, which will not involve compulsory actions, are set to occur by mid-2026. The cuts will affect various locations, with 689 positions eliminated in Germany, 540 in France, and 303 in Spain, representing approximately 6% of the division's workforce. This restructuring aims to streamline operations in Airbus's second-largest division.
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Efficiency improvement • 25%
Cost cutting • 25%
Focus shift to new projects • 25%
Other • 25%
Germany • 25%
Spain • 25%
France • 25%
Other • 25%
Profitable • 25%
Break-even • 25%
Loss-making • 25%
Unknown • 25%
Yes • 50%
No • 50%
17,000 • 25%
More than 17,000 • 25%
Less than 17,000 • 25%
No further cuts • 25%
Successful restructuring with improved financials • 25%
Partial success with moderate improvement • 25%
No significant improvement • 25%
Further decline in financial performance • 25%
