Sumaira FH 6 minutes ago Wed 01st July 2020 | 03:00 AM
MOSCOW (UrduPoint News / Sputnik – 01st July, 2020) European multinational aerospace corporation Airbus said in a statement it planned to further adapt to the outbreak of the novel coronavirus disease (COVID-19) and cut about 15,000 of its personnel across the world.
“Airbus has announced plans to adapt its global workforce and resize its commercial aircraft activity in response to the COVID-19 crisis,” the company‘s statement said.
“This adaptation is expected to result in a reduction of around 15,000 positions no later than summer 2021. The information and consultation process with social partners has begun with a view to reaching agreements for implementation starting in autumn 2020,” it said.