FRIDAY MAR 29, 2024
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Tag: job cuts
NEWS Airbus to Cut 15,000 Jobs Amidst Covid-19 One of the largest aircraft manufacturers, Airbus, will be cutting around 15,000 jobs due to the lull in production as a result of Coronavirus. In February, they stopped production of the a320 in Asia in hopes of preventing the spread of COVID-19. Many airlines have also grounded the A380, which is now in the process of being rapidly phased out. In fact, Air France recently retired their final aircraft of the type. Read More →
NEWS British Airways Cuts Jobs Due to Coronavirus Pandemic Resulting from the travel ban in the U.K., British Airways has warned it's workers that they are struggling to survive on a crisis "worse than 9/11" caused by the coronavirus epidemic. Alex Cruz, who is British Airways' chief executive wrote to some 45,000 employees informing them that the airline would be "parking aircraft in a way [they] never have before." Read More →