Airbus cuts over 2,000 jobs amidst competition from Elon Musk's Starlink

Airbus is cutting roughly 2,000 jobs, about 5% of its Defence and Space division, due to losses in its satellite business and increased competition. No forced redundancies are planned. Germany will see the most cuts, followed by France and Britain.

Airbus cuts over 2,000 jobs amidst competition from Elon Musk's Starlink

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Airbus is cutting roughly 2,000 jobs, about 5% of its Defence and Space division, due to losses in its satellite business and increased competition. No forced redundancies are planned. Germany will see the most cuts, followed by France and Britain.