Aerospace giant Airbus is to cut 1,700 jobs in the UK as the coronavirus pandemic causes ‘the gravest crisis ever’ in the history of the aviation industry.
Europe’s biggest aerospace group earlier unveiled plans to shed 15,000 jobs including 900 alread earmarked in Germany.
In a statement released today, CEO Guillaume Faury said its future was at stake after the coronavirus pandemic rocked the air travel industry.
Around 5,000 posts in France, 5,100 in Germany, 900 in Spain, 1,700 in the UK and 1,300 elsewhere will be cut – for a core total of 14,000.
Additionally, the company has already agreed to cut 900 jobs at its Premium AEROTEC unit in Germany.
The move is subject to talks with unions which immediately renewed pledges to oppose compulsory redundancies.
Airbus has refused to rule them out as it seeks voluntary departures.
Mr Faury said: ‘Airbus is facing the gravest crisis this industry has ever experienced.
‘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.
‘Our management team and our Board of Directors are fully committed to limiting the social impact of this adaptation.
‘We thank our governmental partners as they help us preserve our expertise and know-how as much as possible and have played an important role in limiting the social impact of this crisis in our industry.
‘The Airbus teams and their skills and competences will enable us to pursue our ambition to pioneer a sustainable future for aerospace.’
More to follow.