Another layoff announcement in aerospace and defense might signal the start of a disturbing trend for workers.
Airbus has unveiled plans to restructure its Defence and Space division and reduce up to 2,500 positions by mid-2026.
PARIS - Airbus announced plans on Oct 16 to cut up to 2,500 jobs in its struggling space and defence division, in the latest ...
Delivery delays from planemakers Airbus and Boeing are "massively frustrating" and are not yet getting better, the head of ...
Airbus, which employs 35,000 people in its defence and space divisions, is taking steps to manage rising costs and delays in ...
The nose of this autonomous variant of the UH-72 Lakota will open up, allowing weapons or larger pieces of cargo to be ...
Airbus said Wednesday that it was laying off 2,500 workers as it tries to turnaround its struggling defense and space ...
Airbus is holding off taking a charge for 2,500 newly announced job cuts in its Defence and Space unit as it assesses their financial impact, the company told analysts on Wednesday.
Airbus deliveries now total 497 in the year-to-date, out of its target of around 770 for the entire 2024 period. In June, the ...