AERO TRADING GROUP Corp

Airbus to cut 2,500 defence and space jobs

Airbus to cut 2,500 defence and space jobsAirbus to cut 2,500 defence and space jobs Airbus Defence and Space is poised to reduce its workforce by 2,500 as the manufacturer plans to “adapt the division’s organisation and workforce in light of a continued complex business environment, especially in the Space Systems segment.” “In recent years, the defence and space sector and, thus, our division have been impacted by a fast changing and very challenging business context with disrupted supply chains, rapid changes in warfare and increasing cost pressure due to budgetary constraints,” said Mike Schoellhorn, Airbus Defence and Space CEO. He continued: “While transformation efforts initiated in 2023 have started bearing fruit, particularly on operational

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