European plane manufacturer Airbus recently announced that it is extending furlough programs for 5,300 of its employees in Spain and the UK in its latest attempt to cope with the impact of the coronavirus pandemic.
“This will be effective from 20th May till 30th September and affects all Airbus Operations SL employees in Spain (with some exceptions), which means around 3,100 employees,” said an Airbus spokesperson in a statement.
“Airbus Helicopters and Airbus DS employees in Spain are not impacted”, the spokesman said.
In the United Kingdom, the period of furlough for about 2,200 Airbus workers will start on July 20 and end on Aug. 9, the statement said.
“In France, all employees of the commercial aircraft division are in some way affected”, the spokesman said. He added that about 29,500 employees in France were working on average about 30% shorter weeks.
Meanwhile, a Reuters report citing sources said that Europe’s largest aerospace group was exploring restructuring plans involving the possibility of “deep” job cuts as it braced for a prolonged coronavirus crisis after furloughing thousands of workers.
The company had told senior staff it must be “resized” in plans to be set out around end-June. The coronavirus pandemic has led to a global airline crisis, with carriers and suppliers pleading for help.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.