Top

Airbus Poised to Cut 1,000 Jobs in Drive to Streamline Business

November 23, 2016

Airbus Group SE (IW 1000/44) is poised to scrap an estimated 1,000 office jobs as the European aerospace giant moves to eliminate duplication between its main plane-making arm and the rest of the group.

Airbus has identified 780 posts in public affairs, legal, IT and other white-collar functions as surplus to requirements and will specify further cuts at its human resources and finance departments in meetings Thursday, according to a CFDT union official. The group employed 137,000 people as of July.

Read More on Industry Week