The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30.30 - Manufacture Of Air And Spacecraft And Related Machinery
689 jobs Number of planned job losses
Announcement Date
5 December 2024
Employment effect (start)
Foreseen end date
30 June 2026
Description
Airbus Defence and Space is cutting 689 jobs in Germany. According to the works council, several sites will be affected, such as Ottobrunn, Friedrichshafen, Manching, Bremen, Backnang and Ulm. However, details are currently being negotiated between management and the works council.
The German job cuts are part of a larger restructuring programme, also affecting sites in other countries, such as France, Spain and the United Kingdom. Airbus Defence and Space stated that the internal restructuring affects over 2,000 workers worldwide Airbus 2024 - WO. As reported in the news, Airbus suffers from competition from new satellite manufacturers (such as Starlink and Kupier). The company is also reported to face difficulties with its Onesat program and late deliveries. The restructuring programme is undertaken with a view to increase competitiveness and deal with internal and market pressures. The Airbus group employs over 50,000 staff in Germany.
For further information on other European sites affected, see the following factsheets:
Eurofound (2024), Airbus Defence and Space, Internal restructuring in Germany, factsheet number 202206, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202206.
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