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Airbus cuts 15,000 jobs to face aviation's 'gravest crisis'


The company said 5,000 positions would be cut in France, 5,100 in Germany, 900 in Spain, 1,700 positions in Britain and 1,300 positions at Airbus' other worldwide sites.

European aircraft maker Airbus said on Tuesday it is planning to cut around 15,000 jobs worldwide, 11 percent of its total workforce, in response to the "gravest crisis" the industry has ever seen caused by the coronavirus.

The cuts are to be implemented by the summer of 2021, Airbus said in a statement, and follow a drop of nearly 40 percent of the commercial aviation business in ...


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