By Pierre Bertrand
Airbus said that it will cut around 2,000 mainly management support-type positions from its defense and space division as it seeks to reduce costs.
Of the 2,043 positions to be cut, 1,128 will come from Airbus' space systems business, the European aircraft maker said.
The cuts in all amount to around 5% of the division's workforce and will predominately take place in Germany, France and the U.K.
Airbus said that it expects the reductions will be complete by mid-2026.
The company added that it will work with social partners to limit any impacts of the job cuts.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
December 05, 2024 03:08 ET (08:08 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。