Business Maverick: Airbus Begins Biggest Restructuring With 15,000 Jobs to Go

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 84%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Airbus SE embarked on the most extensive restructuring in its history, setting out plans to cut 15,000 civil-aerospace jobs worldwide as it attempts to steer through the crisis brought on by the coronavirus pandemic.

The European manufacturer will eliminate more than 10,000 positions across its main bases in Germany and France, part of an 11% reduction in global headcount, according to a statement on Tuesday.

The plans will be subject to agreement with the relevant unions, and faced swift opposition by the French government. The extent of the job cuts is “excessive,” the finance ministry said in a statement, adding that the company must do all it can to limit the number of forced retrenchments. Unions criticized the move, with the IG Metall labor group dismissing the announcement as “short-sighted” and accusing Airbus of using the virus as a pretext for reducing the workforce. The Unite union, which represents Airbus’ U.K. workers, called on the British government to “step“I know everybody would like to see me saying there will be no forceds,” Faury said on a call with reporters. “I cannot exclude that at the end we will not get there.

“There is a risk that Airbus initially pleases neither investors nor governments,” said Jefferies analyst Sandy Morris. Still, the restructuring should leave the company well-placed to perform when the sector eventually rebounds, he added.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 3. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

BUSINESS MAVERICK: SA’s first-quarter GDP contracted 2% ahead of pandemic lockdown meltdownSouth Africa’s gross domestic product shrank 2% in the first three months of 2020, Statistics South Africa said on Tuesday, 30 June. It was the third straight quarter of economic decline and the only question now is how much bigger the second-quarter contraction will be. Will the current recession become a depression?
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »

BUSINESS MAVERICK: Vodacom ordered to come clean on Please Call Me revenueOn Monday 29 June, Judge Jody Kollapen of the High Court in Pretoria gave Vodacom 21 days to hand over financial records relating to ‘Please Call Me’ to the service’s inventor, Nkosana Makate.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »