Airbus to slash more than a 1,000 jobs to cut costs
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The competition heats up: In a continuing re-organization to cut costs, Airbus yesterday announced plans to slash 1,164 jobs.
The initiative is part of [Airbus Chief Executive Tom] Enders’s four-year campaign to reshape the business in the wake of the failed attempt in 2012 to merge with BAE Systems PLC, Europe’s largest arms maker. After the deal with BAE faltered on German government opposition, he won shareholder backing for a new structure that reduced French, German and Spanish government involvement in company decision-making. The old structure was a legacy of the founding of the company in 2000 through the combination of European aerospace and defense assets.
Airbus in 2013 moved to merge its defense and space assets and shed some operations not central to its aerospace business.
This approach matches very well with the company’s joint partnership with Safran and their hard-nosed insistence that they own and control Ariane 6. They are pushing to get the government bureaucracy out of their business so that they can work more efficiently and make more money.
For many reasons, mostly political but partly ethical, I do not use Google, Facebook, Twitter. They practice corrupt business policies, while targeting conservative websites for censoring, facts repeatedly confirmed by news stories and by my sense that Facebook has taken action to prevent my readers from recommending Behind the Black to their friends.
Thus, I must have your direct support to keep this webpage alive. Not only does the money pay the bills, it gives me the freedom to speak honestly about science and culture, instead of being forced to write it as others demand.
Please consider donating by giving either a one-time contribution or a regular subscription, as outlined in the tip jar below.
Regular readers can support Behind The Black with a contribution via paypal:
If Paypal doesn't work for you, you can support Behind The Black directly by sending your donation by check, payable to Robert Zimmerman, to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage. And if you buy the books through the ebookit links, I get a larger cut and I get it sooner.
The competition heats up: In a continuing re-organization to cut costs, Airbus yesterday announced plans to slash 1,164 jobs.
The initiative is part of [Airbus Chief Executive Tom] Enders’s four-year campaign to reshape the business in the wake of the failed attempt in 2012 to merge with BAE Systems PLC, Europe’s largest arms maker. After the deal with BAE faltered on German government opposition, he won shareholder backing for a new structure that reduced French, German and Spanish government involvement in company decision-making. The old structure was a legacy of the founding of the company in 2000 through the combination of European aerospace and defense assets.
Airbus in 2013 moved to merge its defense and space assets and shed some operations not central to its aerospace business.
This approach matches very well with the company’s joint partnership with Safran and their hard-nosed insistence that they own and control Ariane 6. They are pushing to get the government bureaucracy out of their business so that they can work more efficiently and make more money.
That’s what happens because Europe doesn’t have a president elect Donald J Trump.