European plane maker Airbus said Wednesday

that it plans to cut more than 2,300 jobs at its

defense and space division by the end of next

year, spreading the cuts across several countries.

The company said Airbus Defence and Space

presented the plan to employee representatives

and launched a consultation process for the

cuts. The plan would eliminate 2,362 positions

in all — 829 in Germany, 357 in the U.K., 630 in

Spain, 404 in France and 142 elsewhere.

Airbus pointed to a “flat space market and

postponed contracts on the defense side.”

It noted that it had announced the need for

restructuring in December and underlined the

issue during an annual news conference earlier

this month.

The defense and space division “will

provide updates on its plans and continues

Image: P. Pigeyre

AIRBUS TO CUT

OVER 2,300 JOBS

AT DEFENSE AND

SPACE DIVISION