Airbus announced on Tuesday,plans to cut its global workforce by approximately 15,000 jobs by the end of summer 2021 and resize its commercial aircraft activity in response to the COVID-19 crisis.
The consultation process with social partners and other relevant stakeholders has begun with a view to reaching agreements for implementation starting in autumn 2020.
The reductions come as a result of lower demand, which has plunged 40% in recent months due to the coronavirus pandemic crisis, the company said, citing that the air travel industry isn’t expected to recover before 2023.
“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,” CEO Guillaume Faury said in the press release.
According to media statement by the company, Airbus anticipates the need to reduce its global workforce due to COVID-19 approximately from this country: 5,000 positions in France, 5,100 positions in Germany, 900 positions in Spain, 1,700 positions in the UK, and 1,300 positions at Airbus’ other worldwide sites.
These figures include the Airbus subsidiaries Stelia in France and Premium AEROTEC in Germany. However, they do not include approximately 900 positions stemming from a pre-COVID-19 identified need to restructure Premium AEROTEC in Germany, which will now be implemented within the frame of this global adaptation plan.