July 11, 2020

Airbus will cut 15,000 jobs, most in Europe



The aeronautical constructor Airbus announced on Tuesday a plan for cut staff to cope with the drop in activity due to the coronavirus health crisis, which foresees the suppression of 15,000 jobs, 900 of them in Spain.

The French company justified the measure by a decrease in commercial aviation activity of almost 40% in recent months, which places the industry as a whole “in an unprecedented crisis,” according to a statement.

After analyzing customer demand in recent months, Airbus forecasts that the reductions will affect around 5,000 people in France, 5,100 in Germany, 900 in Spain, 1,700 in the United Kingdom and 1,300 in other centers in the rest of the world.

The cut plan will apply until the summer of 2021, “at the latest”, and for now they have begun the process of information and consultation with the unions to “reach agreements for its application from the autumn of 2020.”

“Since air traffic is not expected to recover to pre-COVID-19 levels before 2023 or even 2025, Airbus now needs to take additional steps that reflect the post-crisis industry prospects,” the company said.

Airbus “cannot currently rule out forced measures”, although it assures that the dialogue with the social partners aims to “limit the impact of this plan by relying on all available social measures, including voluntary departures, early retirements and long-term partial unemployment plans” .

The figures offered coincide with those leaked by the unions to the French press in the hours before the official announcement, after the meeting of an extraordinary committee with the unions in which the plan was presented to them.

For Airbus CEO Guillaume Faury, the measures taken so far “have made it possible to absorb the initial shock of the pandemic”: but now the company must “ensure its sustainability”.

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