Airbus Will Lay Off Employees Massive Due To Corona

Airbus Will Lay Off Employees Massive Due To Corona

The Airbus A220-300 aircraft when it was produced at the Airbus facility in Mirabel, Quebec, Canada, February 20, 2020. Bombardier Aerospace claims that the Airbus A220 aircraft is 20% more fuel efficient than its competitors. REUTERS / Christinne Muschi

The Airbus A220-300 aircraft when it was produced at the Airbus facility in Mirabel, Quebec, Canada, February 20, 2020. Bombardier Aerospace claims that the Airbus A220 aircraft is 20% more fuel efficient than its competitors. REUTERS / Christinne Muschi

, Jakarta - Aircraft maker Airbus SE has set plans to cut 15,000 jobs worldwide to survive the crisis caused by the corona virus pandemic.

Quoted from Bloomberg, Wednesday, July 1, 2020, the French manufacturer will eliminate more than 10,000 positions across Germany and France which are its main base. Pruning is part of an 11 percent cut globally.

Airbus CEO Guillaume Faury said the company's production could fall 40 percent over two years compared to initial expectations due to a drastic decline in aircraft demand. On the other hand, the company has received a warning that cash conditions will bleed.

"The crisis facing the aviation sector will touch on aspects of duration and magnitude that require structural and comprehensive action," he said.

Furthermore, Airbus will cut 1,700 jobs in Britain, 900 jobs in Spain and 1,300 in other countries in mid-2021.

Requests for early retirement will also be one way to reduce the number of workers. The plan will be discussed with the union and has experienced rejection from the French government.

The French Ministry of Finance said that cutting jobs was considered an excessive step.

Trapped in the midst of a decline in the fleet market that could last for five years, Airbus struggled to reduce costs while reducing political pressure and turmoil from its workforce in its home country, France.

Airbus has approximately 135,000 workers globally, with almost 81,000 of them being the hardest hit commercial division.

The job trimming step marks an adjustment to businesses that have expanded for more than a decade. However, the corona virus pandemic has changed everything.

In fact, the company predicts that the travel sector will not recover as it was before 2023. The company considers that the opening of the economy will not immediately revive the sector immediately.

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