Airbus plans to lay off 2,500 workers in its defense and space division due to supply chain issues and rising costs.

On October 16, Airbus revealed plans to lay off 2,500 workers in its defense and space division, aiming to address challenges like supply chain issues and rising costs. The layoffs are part of a strategy to enhance competitiveness amid a $511 million loss on the A400M military transport aircraft. Meanwhile, Airbus continues to excel in its commercial aircraft sector, leading the industry in orders and deliveries for five consecutive years.

October 20, 2024
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