PARIS, Oct 16 (Reuters) - Airbus (AIR.PA), opens new tab announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division after spending months taking a deep dive into heavy ...

Credit: Airbus WASHINGTON – Airbus’ defense and space division announced plans to cut up to 2,500 positions by mid-2026, citing a “continued complex business environment, especially in the ...

The planned job cuts at Airbus are not the first sign of trouble at the planemaker, which, along with Boeing, dominates the global production of full-sized commercial jets. In June, Airbus said ...

The European aircraft maker on Thursday said it would cut 2,043 jobs, around 5% of the division’s workforce, fewer than the up to 2,500 positions Airbus had initially sought to eliminate two ...

Boeing competitor Airbus on Wednesday announced it would take steps to cut 2,500 jobs in the company’s defense and space division through the middle of 2026. Airbus said the job cuts would ...

Airbus is cutting up to 2,500 workers from its struggling defense and space division as the European aerospace giant battles with program delays, increased costs and competition from the likes of ...

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.

PARIS (Reuters) - Airbus announced just over 2,000 job cuts in Defence and Space, or about 5% of its second-largest division, as it reels from U.S. competition in the satellites sector but the ...

Airbus ( EADSY -2.44%) stock sank 2.2% in afternoon trading, 3:10 p.m. ET, on news of a bit of a management shake-up.

Airbus to Cut Up to 2,500 Jobs at Space and Defense Unit Unit has suffered from high costs, competition in space area Airbus says it will avoid compulsory actions as part of cuts ...