Airbus Defence & Space starts consultation on potential job losses
Airbus Defence and Space has begun a consultation process with employee representatives from the group’s European work council over planned redundancies.
It comes as the company achieved a book-to-bill ratio below 1 for the third consecutive year following a stagnation in the space market and several delayed defence contracts.
Airbus plans to restructure the division which will see a potential 2,362 jobs cut by December 2021. This includes 829 in Germany, 357 in the UK, 630 in Spain, 404 in France and 142 in other European operations.
The measures are intended to ‘improve long-term competitiveness and safeguard the division’s future positioning’ according to an Airbus statement.
Following Airbus’ Annual Press Conference in Toulouse on 13 February, further financial measures were said to be under consideration in order to improve the division’s profitability.
Despite these woes, Airbus maintained dominance in the global semi-government and civil helicopter market with 54% of the market share in FY2019. Furthermore, overall consolidated order intakes for FY2019 increased to €81.2bn compared with €55.5bn in FY2018.
More from Defence Notes
-
![How Canada plans to “seize” the opportunity to increase investments in defence]()
How Canada plans to “seize” the opportunity to increase investments in defence
The Canadian Department of National Defence has been increasing efforts to accelerate the acquisition of new equipment and modernise its in-service inventory.
-
![Palantir and Boeing partner up to bring AI to defence manufacturing]()
Palantir and Boeing partner up to bring AI to defence manufacturing
The partnership with the US airframer will see Palantir’s AI software leveraged to help streamline data analytics across Boeing’s 12 factories on defence and classified programmes.
-
![DroneShield to double its US footprint to meet growing demand for counter-UxS capabilities]()
DroneShield to double its US footprint to meet growing demand for counter-UxS capabilities
DroneShield disclosed to Shephard its plans to increase its workforce and manufacturing capacities while strengthening partnerships with US suppliers.
-
![Singapore’s DSTA seeks wider partnerships to advance robotics and AI capabilities]()
Singapore’s DSTA seeks wider partnerships to advance robotics and AI capabilities
The technology organisation is expecting a significant rise in the number of staff working across robotics and digital solutions as it becomes more of a focal point.
-
![Modular and attritable equipment must be a priority: US military]()
Modular and attritable equipment must be a priority: US military
Senior officers and representatives from the US Army, US Air Force and US Navy emphasised the need to expedite acquisition projects for systems and platforms that are more modular. They also highlighted that the loss of equipment is acceptable.
