Airbus drives brutal job cuts: up to 2,500 jobs in danger!

Airbus drives brutal job cuts: up to 2,500 jobs in danger!

Immenstaad am Bodensee, Deutschland - Airbus is under immense pressure in the area of satellites and plans to dismantle up to 2,500 positions in its armaments and space division. This was announced by the company, which has to struggle with enormous losses in this business area. The job cuts are planned for until mid -2026. Airbus currently employs almost 35,000 people in Germany and other European countries.

The exact locations where the places are canceled should be determined by the end of the year after discussions with unions and works councils. Airbus has its production facilities for satellites mainly in Immenstaad on Lake Constance, Toulouse, London and Munich.

financial challenges due to rising competition

The situation in space travel is tense, especially by depreciation of around 989 million euros in the first half of the year. These losses have heavily burdened Airbus' financial balance sheet, and 500 million euros had to be put up for this in the previous year. "We are now starting the root of the topic," emphasized Airbus boss Guillaume Faury in July.

An important reason for the difficulties in the satellite business is the increasing competition, especially through the American company SpaceX, which is now the largest satellite operator worldwide. At the same time, the market for conventional geostationary satellites at high heights has halved in recent years, which leads to further challenges.

strategies to increase competitiveness

In order to remain successful in this dynamic market, Airbus intends to transfer more personal responsibility to the various areas of the aerospace division and to optimize the organizational structure. "We have to become faster, leaner and more competitive," explains Michael Schoellhorn, the head of the division. In order to minimize the social consequences of job cuts, the company plans to offer affected employees opportunities for new jobs in growth -strong areas within Airbus.

These measures are part of a comprehensive strategy to actively counter the challenges of the market and to secure the future of the company. For more information on this development, it is advisable to report on www.zvw.de to be followed.