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Airbus Plans to Cut 15,000 Staff Positions by Summer of 2021
Commercial aircraft business has dropped by 40%
Airbus has announced plans to adapt its global workforce and resize its commercial aircraft activity in response to the COVID-19 crisis. This adaptation is expected to result in a reduction of around 15,000 positions no later than summer 2021.
The information and consultation process with social partners has begun with a view to reaching agreements for implementation starting in autumn 2020.
The commercial aircraft business activity has dropped by close to 40% in recent months as the industry faces an unprecedented crisis. Commercial aircraft production rates have been adapted accordingly.
With air traffic not expected to recover to pre-COVID levels before 2023 and potentially as late as 2025, Airbus now needs to take additional measures to reflect the post COVID-19 industry outlook.
Airbus anticipates the need to adapt its global workforce due to COVID-19 by approximately:
5,000 positions in France
5,100 positions in Germany
900 positions in Spain
1,700 positions in the UK
1,300 positions at Airbus’ other worldwide sites
These figures include the Airbus subsidiaries Stelia in France and Premium AEROTEC in Germany.
Airbus CEO Guillaume 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.”