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Airbus is cutting 15,000 jobs due to the coronavirus pandemic - Business Insider

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Airbus is cutting 15,000 jobs in order to save itself from collapse during the coronavirus crisis

FILE PHOTO: An Airbus A350 takes off at the aircraft builder's headquarters in Colomiers near ToulouseAirbus is cutting 15,000 jobs within a year to counter damage caused by declining sales during the coronavirus pandemic.

But it faces tough talks with governments as well as unions, which immediately pledged to fight compulsory redundancies. A 2008 restructuring triggered rare strikes and protests.Europe's biggest aerospace group said it would cut 5,000 posts in France, 5,100 in Germany, 900 in Spain, 1,700 in the UK, and 1,300 elsewhere by mid-2021, for a core total of 14,000.

There was immediate political pushback in France, where the government of President Emmanuel Macron this month announced a 15-billion-euro support package for aviation. "It is the reality we have to face and we are trying to give a long-term perspective to Airbus," he told reporters.

 

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and if them birds dont sell we'll buy em back😂 LilTunechi

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