Airbus likely to cut up to 2,500 jobs in defence, space divisions: Report

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Airbus builds satellites, transport planes and has key shares in European missile, fighter and space launch programmes.

But the job cuts will not be confined purely to the space business, which has had 1.5 billion euros in charges in recent quarters, the sources said.

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Category: BusinessFinance

Markets: IndiaFranceItaly

Topics: Airbus Airbus defence segment Airbus job cut Airbus space division

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-16 @ 16:32:59 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 326 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23086600

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Official Website: business-standard.com

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