Airbus likely to lose about 15,000 jobs on new jet output plan
The planemaker wants to keep its jet output at 40% below pre-pandemic levels, focusing on less labour-intensive models
03 June 2020 - 16:54
Paris — Airbus is looking to hold underlying jet output at 40% below pre-pandemic plans for two years, an approach that adds new pressure to cut thousands of jobs, industry sources have said.
The European planemaker has so far announced output cuts of a third from its plans before the coronavirus crisis struck air travel, but some analysts have said this is optimistic...
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