Posted: Tue 29th Nov 2016

Airbus to shed 934 management jobs in Europe as part of group shake-up – up to 54 to go in UK

News and Info from Deeside, Flintshire, North Wales
This article is old - Published: Tuesday, Nov 29th, 2016

Airbus is to shed around 934 jobs as part of a previously announced restructuring plan according to news agency Reuters.

The report says the European plane-making giant plans to strip out bureaucracy and simplify the Airbus brand.

A total of 1,164 jobs will be lost while around 230 positions in other areas of the business will be created the report goes on to say.

Of the 1,164 job cuts, 640 positions are in France, Suresnes, Toulouse and Marignane; 429 in Germany, mainly in Hamburg, Bremen, Ulm and Ottobrunn; 39 in Spain; 54 in the United Kingdom; One in Belgium and one in India, according to management.

Airbus Group had previously said it planned merge headquarters with the core commercial aircraft business in a corporate restructure aimed at improving profitability.

Airbus Group operates in more than 170 locations worldwide stretching across Commercial jets, Defence and Space, Helicopters, Research and Maintenance divisions.

The complex corporate structure is to merge with it’s core plane-making unit, and renamed ‘Airbus’ in the shake up.

The move is aimed at stripping out bureaucracy and simplify the overall company brand, while delivering more profit and focus more on its largest unit, plane making.

The restructure will eliminate an unspecified number of management jobs in a new plan to improve profitability and focus more on its core plane-making unit.

 

Most of the positions at risk would be stripped from management rather than any factory workforce.

Airbus said today the restructuring would also conclude the company’s moving of its headquarters from Paris and Munich to Toulouse in southern France.

It is not known if there will be any job losses locally, we have asked Airbus UK for comment.

Airbus Group chief executive Tom Enders said in a statement:

“With these leaner structures, we will improve performance and teamwork across Airbus. Therefore, the integration will ultimately strengthen Airbus in its ability to ensure future competitiveness and to remain a global leader in the aerospace industry,”

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