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1,600 jobs to go in UK

February 28th, 2007 · Post your comment (No Comments)

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Troubled planemaker Airbus has announced it is to cut 10,000 jobs across Europe over the next four years.
France will be worst hit with 4,300 job losses. Germany will see 3,700 jobs go while the UK and Spain will see 1,600 and 400 jobs cut respectively.

Airbus said no compulsory redundancies would be imposed but unions have pledged to fight the cuts.

Airbus boss Louis Gallois said the firm was “facing huge challenges” and “was not efficient enough”.

Mr Gallois said the prolonged weakness of the US dollar had made the restructuring necessary, while the production delays to the flagship A380 superjumbo project had provided the “trigger” for the cutbacks.

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