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| Airbus to cut 15,000 jobs amid coronavirus fallout | |
| (32 minutes later) | |
| Aerospace giant Airbus says it plans to cut 15,000 jobs as it deals with the effects of the coronavirus crisis. | Aerospace giant Airbus says it plans to cut 15,000 jobs as it deals with the effects of the coronavirus crisis. |
| It will cut 1,700 jobs in the UK, along with thousands more in Germany, Spain and elsewhere. | It will cut 1,700 jobs in the UK, along with thousands more in Germany, Spain and elsewhere. |
| The move is subject to talks with unions which have opposed compulsory redundancies. | The move is subject to talks with unions which have opposed compulsory redundancies. |
| The company warned in April that it was "bleeding cash at an unprecedented speed". | The company warned in April that it was "bleeding cash at an unprecedented speed". |
| Some 134,000 people work for Airbus worldwide, with around a tenth of them in the UK. | |
| The firm said the UK cuts would fall at its sites in Broughton in Wales and Filton in Bristol. | |
| It expects to make the cuts by summer 2021, but hopes the majority of redundancies will be voluntary or through early retirement of staff. |