Airbus to Cut 2,500 Jobs in Defense and Space Division

The European aerospace giant aims to restructure amid significant losses in its satellite business and an evolving market landscape.

Airbus plans to reduce its workforce by 7% in its Defense and Space division, affecting up to 2,500 positions by mid-2026.
The job cuts come as Airbus faces financial challenges, including €1.5 billion in charges related to its space systems, particularly the OneSat project.
The restructuring is part of a broader effort to make the division more competitive in response to disrupted supply chains and increased cost pressures.
Negotiations with unions and government stakeholders are ongoing to determine the specifics of the job reductions, which will be finalized by the end of the year.
Airbus's challenges mirror those of Boeing, which also announced significant layoffs and financial losses in its defense and space operations.