Airbus to shed 3,700 jobs across Europe

Two troubled aircraft programs are catching up to Airbus.The company announced Wednesday that it would move or...

Posted: Mar. 7, 2018 10:21 AM
Updated: Mar. 7, 2018 10:21 AM

Two troubled aircraft programs are catching up to Airbus.

Scroll for more content...

The company announced Wednesday that it would move or cut 3,700 positions because of reduced demand for its A380 superjumbo and A400M troop carrier.

It said the changes would affect workers in France, Germany, Spain and the UK.

Airbus will make only six A380s per year starting in 2020. Production of the A400M will fall from 15 this year to eight in 2020.

Boeing's big European rival said that it would be able to "propose opportunities" to most of the employees affected by the job cuts.

Related Content

Article Comments

Huntsville
Scattered Clouds
90° wxIcon
Hi: 92° Lo: 72°
Feels Like: 100°
Florence
Clear
89° wxIcon
Hi: 90° Lo: 73°
Feels Like: 97°
Fayetteville
Clear
88° wxIcon
Hi: 88° Lo: 71°
Feels Like: 98°
Decatur
Few Clouds
88° wxIcon
Hi: 90° Lo: 72°
Feels Like: 96°
Scottsboro
Clear
90° wxIcon
Hi: 91° Lo: 71°
Feels Like: 98°
WAAY Radar
WAAY WAAY-TV Cam
WAAY Temperatures

 

Community Events