EADS announces 5,800 jobs cuts in defence, space division
BERLIN (AFP) - European aerospace giant EADS, the maker of Airbus aircraft, announced plans on Monday to cut 5,800 jobs in its defence and space division over three years.
The layoffs, part of a major restructuring in the face of falling orders, will affect the group’s work force in Germany, France, Spain and Britain, the company said in a statement.
The news came after a meeting of its European works council with EADS chief executive Tom Enders, whose bold plan to merge the conglomerate with Britain’s defence group BAE Systems was torpedoed last year with a surprise veto by Germany.
“We need to improve our competitiveness in defence and space – and we need to do it now,” Enders said, according to the statement.