Aerospace giant EADS warns jobs cuts coming in defense unit


AFP

FRANKFURT — A reduction in defense orders will have an impact on jobs in EADS’s defence unit, the head of the European aerospace giant said in an interview published Monday. Tom Enders told vbw-Unternehmenmagazin, the magazine of the Bavarian economic federation, that “if defence orders are cancelled or reduced as has happened in Germany in recent years, an impact on production and employment cannot be avoided.”

Enders’s comments follow a report by the German news agency DPA last week that EADS is considering cutting the workforce by 20 percent, or 8,000 employees. The group will be renamed Airbus Defense and Space next year as it reorganizes. EADS said no numbers have been decided, but Enders has previously said drastic measures were needed to secure the future of the division.