Airbus to Cut 2,043 Jobs in Defence and Space Division by 2026

The European aerospace giant cites intense competition from SpaceX and the rise of low-cost satellite models as key factors driving the restructuring.

Airbus plans to eliminate 2,043 positions, representing 5% of its Defence and Space workforce, with no compulsory redundancies expected.
The cuts will primarily target management and office roles, with 1,128 jobs affected in the Space Systems business, which has struggled with financial losses.
Germany will see the largest reductions (689 jobs), followed by France (540), the UK (477), Spain (303), and other nations (34).
The restructuring is driven by declining demand for traditional geostationary satellites, which have been outpaced by SpaceX's low-cost Starlink constellation of small satellites.
Airbus is collaborating with Thales and Leonardo on a new European satellite alliance, aiming to strengthen competitiveness in the space sector.

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