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Airbus to axe 1,700 jobs in the UK amid 'gravest crisis the industry has ever experienced'

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manchestereveningnews.co.uk

Airbus has announced plans to cut around 15,000 jobs from its global workforce, including 1,700 roles in the UK.The aerospace giant has said resizing its commercial aircraft activity is in response to the coronavirus pandemic, describing it as 'the gravest crisis this industry has ever experienced'.The consultation process has begun with the implementation starting this autumn, with the reduction in staff set to be completed by next summer.While the company says it's grateful for the government support, the commercial aircraft business activity has dropped by close to 40 percent in recent months, and air traffic is not expected to recover to pre-COVID levels before 2023.Therefore, Airbus "now needs to take additional measures to reflect the.

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