Published On: Tue, Jun 30th, 2020

Airbus announces huge job cuts: Aerospace giant says 1,700 employees to be made redundant | UK | News

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The aviation industry has suffered more than others due to the prolonged coronavirus lockdown restrictions which have been in force since the deadly pandemic swept across the globe. The cuts are reportedly due to coronavirus induced order freezes.

Chief executive 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.”

The aerospace giant Airbus plans to cut 15,000 jobs across all of its international sectors.

The company said that this is as a result of the coronavirus crisis.

It will cut 1,700 jobs in the UK.

There will be thousands of more job losses in Germany.

However, it hopes the majority of redundancies will be voluntary or through the early retirement of staff.

The news comes after last month when Airbus said about half of the staff at its Broughton site would be placed on the UK government’s job retention scheme.

Some employees saw their pay cut to 80 percent as they were placed on the scheme.

The Airbus organisation announced that it is the “gravest crisis” in its history.

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