PARIS (Reuters) – Airbus announced on Wednesday its intention to cut up to 2,500 jobs in its defense and aerospace branch to face a “difficult economic environment”, particularly in its loss-making satellite division.
This departure plan, which concerns 7% of Airbus Defense & Space employees, will last until mid-2026, the European aircraft manufacturer said in a press release.
Airbus has incurred a charge of 1.5 billion euros in recent months in its Space Systems business, weighed down by the difficulties of the OneSat project, and is experiencing delays and increasing costs in its defense activities.
The job cuts follow a review conducted for more than a year into defense and aerospace activities under the code name ATOM.
It was time to take new measures, especially in an “increasingly difficult space market”, said Mike Schoellhorn, the general director of Airbus Defense and Space which constitutes the second division of Airbus in terms of turnover. business.
“It requires us to become faster, more efficient and more competitive,” he said.
Airbus, headquartered in France, also operates in Germany, the United Kingdom and Spain. The governments of the four countries have been informed of the restructuring plans, sources familiar with the matter said.
(Written by Tim Hepher and Benoit Van Overstraeten, Tangi Salaün and Noémie Naudin, edited by Blandine Hénault)
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