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Airbus Cuts 2,043 Defence and Space Jobs Amidst Restructuring
Airbus is cutting 2,043 jobs (5%) in its Defence and Space division, mainly in Space Systems due to €1.5 billion in satellite writedowns, impacting Germany (689), France (540), Britain (477), and Spain (303) by mid-2026, as part of restructuring plan "Project Proton" to counter low-Earth-orbit satel...
Airbus Cuts 2,043 Defence and Space Jobs Amidst Restructuring
Airbus is cutting 2,043 jobs (5%) in its Defence and Space division, mainly in Space Systems due to €1.5 billion in satellite writedowns, impacting Germany (689), France (540), Britain (477), and Spain (303) by mid-2026, as part of restructuring plan "Project Proton" to counter low-Earth-orbit satel...
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