• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Airbus to cut up to 2,500 jobs in defence and space, sources say

by October 16, 2024
written by October 16, 2024

PARIS (Reuters) -Airbus plans to cut up to 2,500 posts in its Defence & Space division, two people familiar with the matter said on Wednesday.

The European planemaker aims to implement the cuts, which represent 7% of its workforce in the Defence & Space unit, by the middle of 2026, they said, asking not to be identified on measures that have not yet been publicly announced.

Airbus declined to comment.

Its business has been hit by heavy charges in space systems, including OneSat, and delays and rising costs in defence.

The job cuts, first reported by French news agency AFP, follow a longstanding efficiency review code-named ATOM.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
BofA’s Europe survey shows biggest surge in investor optimism since June 2020
next post
Nestle’s new CEO may cut guidance in fresh start, some investors warn

You may also like

China’s DeepSeek sets off AI market rout

March 13, 2026

Adani, Ambani news units sue OpenAI over copyright,...

March 13, 2026

BASF results down on impairments, restructuring

March 13, 2026

Nasdaq futures tumble as China’s AI push rattles...

March 13, 2026

European chipmakers slump as traders gauge DeepSeek AI...

March 13, 2026

Fuji Media, rocked by sexual misconduct allegations, says...

March 13, 2026

China Vanke’s CEO, chairman resign amid growing liquidity...

March 13, 2026

Italy’s MPS shares fall ahead of Mediobanca board...

March 13, 2026

UMG shares rally after new multi-year pact with...

March 13, 2026

British Land stock drops following stake sale

March 13, 2026
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • What falling wage growth says about where the U.S. economy is heading

      April 7, 2026
    • Savannah Guthrie returns to ‘TODAY’ amid search for mother: ‘It’s good to be home’

      April 7, 2026
    • U.S. added 178,000 jobs in March, reflecting resilient labor market just as Iran war escalated

      April 6, 2026
    • U.S. oil has its biggest one-day price increase in six years, driving the cost of gas even higher

      April 6, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (726)
    • Stock (6,426)

    Latest News

    • What falling wage growth says about where the U.S. economy is heading
    • Savannah Guthrie returns to ‘TODAY’ amid search for mother: ‘It’s good to be home’

    Popular News

    • Tech Regulations: The EU regulates, the US steps back
    • Pound, UK stocks get a lift from BoE’s rosy rate view

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy