Guillaume Faury, General Director of the European aircraft manufacturer Airbus, warned the company's employees about possible upcoming forced layoffs. The reason is the crisis caused by the coronavirus pandemic, from which the aviation industry cannot recover. Trade unions and the French government have urged Airbus management to avoid such measures. The corporation is pessimistic and notes that the crisis is likely to be deeper and longer than expected.
In general, it is planned to cut 15 thousand jobs. In France and Germany, five thousand each. In Spain from 900 to 1600.
Boeing (NYSE: BA) is also planning the next stage of restructuring. Against the backdrop of the sanitary crisis and the quarantine introduced in a number of countries, the American corporation suffered losses due to the cancellation of hundreds of orders. In April, the company announced its intention to cut 10% of its staff. But this, apparently, was not enough to survive in the new reality.
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