Airbus is cutting the equivalent of around 5,300
jobs in total as part of a restructuring of its defense and
space activities, with Germany to bear the brunt of the job
The agreement, which covers around 2,550 employees in Germany,
was communicated to employees on Wednesday morning, an Airbus
spokesman told Reuters.
Measures that will be used to avoid compulsory redundancies
include early retirement and moving staff internally, the
Airbus is negotiating with works councils in each of the
countries that are affected by the cuts including France, Spain
(Reporting by Victoria Bryan, editing by William Hardy)
[© 2014 Thomson Reuters. All rights
Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.