Mass Layoffs: Amid Crises, Airbus Group Announces Layoff of Over 2,000 Employees!

Written by Roberta Souza

Published on 11/12/2024 at 10:33

Foto/reprodução: Grupo AIrbus

Be the first to react!

Deep Restructuring in Airbus Group Is Implemented to Tackle Challenges and Opportunities in the Space Sector

The Airbus Group, Europe’s largest aircraft manufacturer, announced a harsh blow to its Defense and Aerospace division: 2,043 layoffs, which represents about 5% of the total 35,000 employees in this area. While the military aircraft and cybersecurity business is doing well, the space sector faces severe problems.

Cuts Concentrated in the Space Systems Business

More than half of the redundancies (1,128 positions) will fall on the Space Systems business, after heavy losses by the company in this segment, especially in the satellite market. According to the German newspaper Der Spiegel, the cuts will be distributed among Germany (700 positions), the United Kingdom, France, and Spain.

Intense Competition and New Technologies Pressure the Satellite Market

The traditional geostationary satellite market, at high altitudes, has halved in recent years, pressed by increasing competition and new technologies. The SpaceX Group, led by Elon Musk, is now the world’s largest satellite operator, posing challenges to Airbus’s business model.

ARTICLE CONTINUES BELOW

Space Sector Records Write-Downs in the First Half of the Year

Despite good performance in military aircraft and cybersecurity businesses, Airbus’s space sector had to register several write-downs in the first half of 2023, leading the company to take tough measures to restructure and remain competitive, according to Infomoney.

Airbus Seeks Streamlining to Strengthen Its Market Position

Even though the layoffs are a painful decision, Airbus states that there will be no compulsory dismissals, indicating that it will seek other forms of adjustment, such as reallocating employees. The goal is to streamline the structure of the Defense and Aerospace division to make it more agile and prepared for the sector’s challenges, especially in the space segment.

This restructuring is part of the Airbus Group’s efforts to adapt to an increasingly competitive and technological market. By focusing on its most efficient areas, the company hopes to strengthen itself and maintain its leadership position in the aerospace sector in Europe.

Mass Layoffs: Amid Crises, Airbus Group Announces Layoff of Over 2,000 Employees!

Deep Restructuring in Airbus Group Is Implemented to Tackle Challenges and Opportunities in the Space Sector

Cuts Concentrated in the Space Systems Business

Intense Competition and New Technologies Pressure the Satellite Market

Space Sector Records Write-Downs in the First Half of the Year

Airbus Seeks Streamlining to Strengthen Its Market Position

The Soviet Union spent 22 years drilling into the Earth’s crust and reached a depth of 12,262 meters — they found water where it was thought impossible, hydrogen bubbling from the rock, granite that is 2.7 billion years old, and temperatures of 180 degrees that melted the drill bits.

Egypt wants to draw 10 million cubic meters of water from the Nile per day into the desert, irrigate a new agricultural frontier, and build a city where there is currently only sand.

Ethiopia has banned gasoline and diesel cars, placed over a hundred silent electric buses on the streets of Addis Ababa, and now aims for half a million electric vehicles by 2030, all powered by Africa’s largest dam and a courage that few countries have shown.

Norway is drilling 27 kilometers of rock 392 meters below the bottom of a fjord to build the world’s largest and deepest underwater road tunnel — when completed, a 21-hour journey will be reduced to 10.

An astronaut spent 340 days in space while his twin brother stayed on Earth, and NASA found a “rejuvenating” effect, genes, microbiome, cognition, and immune system that revealed the biological cost of living outside the planet.

After 14 years of construction and a diplomatic crisis that nearly led to a military confrontation over control of the Nile, Ethiopia inaugurated the largest hydroelectric power plant in Africa — the dam is 170 meters high, holds 74 billion cubic meters of water, and generates 5,150 megawatts.

Itajaí presents an international-standard cruise terminal, over 20,000 m² and with a structure for the largest ocean liners, after a season with 37 calls and 160,000 passengers, in a project that aims to unlock port operations and transform the city into a maritime tourism powerhouse.

From Argo to Montana: check out the used cars with reliable automatic transmission that cost less than R$ 100 thousand in Brazil

Metsul warns of an intense extratropical cyclone in the South Atlantic with rain, winds above 100 km/h, and the advance of a cold air mass over Southern Brazil, dropping temperatures to as low as 5°C in Rio Grande do Sul and Santa Catarina.

With areas sinking about 2 cm per year, a Brazilian city sees buildings tilt, streets crack, and the ground give way under the weight of constructions, landfills, and groundwater extraction, while the risk spreads across dozens of municipalities.

Mass Layoffs: Amid Crises, Airbus Group Announces Layoff of Over 2,000 Employees!

Deep Restructuring in Airbus Group Is Implemented to Tackle Challenges and Opportunities in the Space Sector

Cuts Concentrated in the Space Systems Business

Intense Competition and New Technologies Pressure the Satellite Market

Space Sector Records Write-Downs in the First Half of the Year

Airbus Seeks Streamlining to Strengthen Its Market Position

The Soviet Union spent 22 years drilling into the Earth’s crust and reached a depth of 12,262 meters — they found water where it was thought impossible, hydrogen bubbling from the rock, granite that is 2.7 billion years old, and temperatures of 180 degrees that melted the drill bits.

Egypt wants to draw 10 million cubic meters of water from the Nile per day into the desert, irrigate a new agricultural frontier, and build a city where there is currently only sand.

Ethiopia has banned gasoline and diesel cars, placed over a hundred silent electric buses on the streets of Addis Ababa, and now aims for half a million electric vehicles by 2030, all powered by Africa’s largest dam and a courage that few countries have shown.

Norway is drilling 27 kilometers of rock 392 meters below the bottom of a fjord to build the world’s largest and deepest underwater road tunnel — when completed, a 21-hour journey will be reduced to 10.

An astronaut spent 340 days in space while his twin brother stayed on Earth, and NASA found a “rejuvenating” effect, genes, microbiome, cognition, and immune system that revealed the biological cost of living outside the planet.

After 14 years of construction and a diplomatic crisis that nearly led to a military confrontation over control of the Nile, Ethiopia inaugurated the largest hydroelectric power plant in Africa — the dam is 170 meters high, holds 74 billion cubic meters of water, and generates 5,150 megawatts.

Updates on the Iran War: Trump cancels last-minute trip to Pakistan and leaves negotiations with Iran even more stalled, while peace proposal fails to convince the United States

How much does a cashier earn at Carrefour and Atacadão in 2026? New updated salaries, increases of up to 15% in some cities, and a package with PLR, bonuses, and benefits draw attention and raise comparisons between networks.

End of an era: Nissan announces its departure from the country with the closure of a historic factory after 7 years producing the Frontier, negotiates operations with 2 groups, and integrates a global strategy that has already reorganized 36 markets, in Córdoba, Argentina.

Brazil has just taken the first step to bring small modular nuclear reactors to the country, with the Ministry of Mines and Energy establishing a working group that will define where to build, how to finance, and who will operate this new energy technology.

A United States soldier who was on the mission to capture Nicolás Maduro bet hours before the official announcement, profited over US$400,000 on a prediction platform, and now faces federal charges.

Itajaí presents an international-standard cruise terminal, over 20,000 m² and with a structure for the largest ocean liners, after a season with 37 calls and 160,000 passengers, in a project that aims to unlock port operations and transform the city into a maritime tourism powerhouse.

From Argo to Montana: check out the used cars with reliable automatic transmission that cost less than R$ 100 thousand in Brazil

Metsul warns of an intense extratropical cyclone in the South Atlantic with rain, winds above 100 km/h, and the advance of a cold air mass over Southern Brazil, dropping temperatures to as low as 5°C in Rio Grande do Sul and Santa Catarina.

With areas sinking about 2 cm per year, a Brazilian city sees buildings tilt, streets crack, and the ground give way under the weight of constructions, landfills, and groundwater extraction, while the risk spreads across dozens of municipalities.