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Airbus plans to cut up to 2,500 jobs in its defense and space division
Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business environment” marked by challenges including rising costs and “rapid changes in warfare.”
Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business environment” marked by challenges including rising costs and “rapid changes in warfare.” Mike Schoellhorn, chief executive of Airbus Defence and Space, said the sector — and hence the division — had faced “a fast-changing and very challenging business context with disrupted supply chains, rapid changes in warfare and increasing cost pressure due to budgetary constraints.” Boeing has racked up core operating losses of more than $33 billion since 2019, and has attracted the scrutiny of regulators after a string of severe, sometimes fatal safety lapses in recent years.
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