Coronavirus: Airbus maker plans to cut 15,000 jobs

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EPA

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The wings of all Airbus commercial aircraft are made in Wales


Aerospace giant Airbus plans to cut 15,000 jobs due to the effects of the coronavirus crisis.

It will cut 1,700 jobs in the UK, as well as thousands more in Germany, Spain and elsewhere.

The move is the subject of talks with unions that have opposed the compulsory layoffs.

The company warned in April that it was “bleeding money at unprecedented speed.”

Some 134,000 people work for Airbus worldwide, including about a tenth in the United Kingdom.

The company said cuts in the UK would drop at its Broughton, Wales and Filton, Bristol sites.

He plans to make the cuts by summer 2021, but hopes the majority of the layoffs will be voluntary or through early retirement.

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