Restructuring events
European Restructuring Monitor (ERM)
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.
Airbus Group SE has announced to its European Central Works Council further details on the company’s planned restructuring as of 1 January 2017. As part of the restructuring measures, Airbus Group envisages a progressive reduction of its current workforce of around 136,000 by a maximum of 1,164 positions worldwide. According to an employment security plan signed in June 2017 with the representative unions, 546 will be cut in France in Suresne where a site employing 350 people will be closed and at the headquarter in Toulouse. 184 positions will be move from Suresnes to Toulouse. In the framework of the employment security plan, 80 recruitments are foreseen in the R&D and digitalisation. The net job cuts will result in 466 positions (546 - 80).
Airbus confirmed that, despite granting salary increases in 2017, it will proceed with the planned suppression of 1,164 jobs in Europe as part of its organisational integration, affecting both its commercial aircraft activities and its defence and space division.
The employment security plan contains several measures to avoid forced dismissals as voluntary departures, redeployments and early retirements. The plan will be opened since 1st July 2017 until 30 June 2018. If the number of job reduction is not reached, then forced dismissals could occur. It is the first time that the management has not taken the commitment to avoid forced dismissals, despite calls from the unions. AIrbus Group employs 55,000 people worldwide including 26,000 in France (mainly in Toulouse where it has 21,000 employees).
Eurofound (2017), Airbus Group, Internal restructuring in France, factsheet number 91505, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91505.