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FCOTSTW
Topic Author
Posts: 198
Joined: Fri Mar 23, 2018 8:14 pm

Airbus slashing 10% of its Workforce

Thu Jul 02, 2020 1:27 am

Despite a possible reentering into production of the Boeing 737 MAX, Airbus has announced today the reduction of 10% of its workforce, equivalent to 11,000 jobs.The main factors behind this decision are a 40% reduction in demand and an expected return of demand for air travel not sooner than 2025. The vast majority of cuts will happen in France (5,000 heads) and Germany (5,100 heads), for an expected completion of summer 2021.

https://www.cnn.com/2020/06/30/business ... index.html

https://www.npr.org/2020/06/30/88506197 ... ed-737-max
Last edited by FCOTSTW on Thu Jul 02, 2020 1:29 am, edited 1 time in total.
 
alasizon
Posts: 2579
Joined: Sat Apr 28, 2007 8:57 pm

Re: Airbus slashing 10% of its Workforce

Thu Jul 02, 2020 1:29 am

Already being discussed:
viewtopic.php?f=3&t=1448431
Airport (noun) - A construction site which airplanes tend to frequent

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