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Airbus to layoff 750 jobs as part of the restructuring

Airbus to layoff 750 jobs as part of the restructuring

As part of its recent reorganisation, Airbus is about to eliminate positions in its defence and space divisions. The decision is expected to affect 750 jobs, or about 2% of the total number of Airbus employees.

The current reorganisation is intended to avoid forced layoffs. Furthermore, according to Reuters, the company intends to achieve the changes primarily through natural attrition rather than by filling vacancies over the next two years.

The company confirmed that there would be no overall net reduction because the business is growing overall. Airbus Defence & Space had 34,330 employees as of the end of 2022.

Airbus was founded in 1970 as a global aerospace and defence corporation. The company has expanded to become one of the world’s leading aircraft manufacturers, producing a wide range of commercial, military, and space vehicles.

Airbus operates globally and collaborates on major international projects from its headquarters in Toulouse, France. Airbus consistently competes with Boeing for market share, thanks to innovations such as the A380, the world’s largest passenger aircraft. Airbus is involved in defence and space activities in addition to aircraft manufacturing, contributing to the advancement of technology and aviation capabilities around the world.

In September 2023, the company actively recruited engineers in its software, cryogenics, robotics, cyber security, and manufacturing divisions, as well as project and programme managers, in order to increase its UK workforce by at least 1,000 employees. Furthermore, the company intended to increase its workforce in India by hiring 2,000 engineers, with a total of 5,000 employees in mind.

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