Airbus To Cut Around 15,000 Jobs Worldwide Amid Pandemic

airbus-to-cut-around-15,000-jobs-worldwide-amid-pandemic

Airbus To Cut Around 15,000 Jobs Worldwide Amid Pandemic

Airbus will cut 11 percent of its total workforce, it said. (File)

Paris:

European aircraft maker Airbus said on Tuesday that it’s likely to cut around 15,000 jobs worldwide, 11 percent of its total workforce, in reaction to the coronavirus crisis.

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

(Aside from the headline, this whole story is not edited by NDTV staff and is published from the syndicated feed.)

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