Zwolnienia w Airbus Defence and Space z powodu mniejszych zamówień na satelity GEOAirbus, citing weak space market, to cut more than 2,300 jobsby Caleb Henry — February 20, 2020
Airbus Defence and Space is the third satellite manufacturer to announce downsizing in 12 months. Photo shows the Bartolomeo platform Airbus Defence and Space built to host payloads on the exterior of the International Space Station. Credit: Airbus Defence and Space.WASHINGTON — Airbus Defence and Space plans to shed about 7% of its workforce because of weak sales, Airbus Group said Feb. 19.
The company said it will cut 2,362 positions, citing “lower performance in space” and as a key reason for the layoffs.
Airbus Defence and Space builds satellites and rocket hardware, along with drones and military aircraft, but Airbus Group CEO Guillaume Faury singled out “lower performance in space” and “efforts to support sales” as key contributors to a 40% drop in the division’s adjusted earnings before interest and taxes. (...)
Space comprises 26% of Airbus Defence and Space revenue, which stood at 10.9 billion euros for 2019, down 1.4% year over year. Adjusted earnings before interest and taxes stood at 565 million euros, down from 935 million euros in 2018.
Airbus Defence and Space comprises 35,000 of Airbus Group’s 135,000 employees, Airbus Defence and Space spokesman Ralph Heinrich told SpaceNews by email. He declined to say how many space jobs would be cut.
Airbus Defence and Space is the third satellite manufacturer to announce layoffs in the past 12 months. Thales Alenia Space said in September it was cutting around 6% of its workforce, following Maxar’s February 2019 announcement that it would dismiss roughly 3% of its employees.
Satellite manufacturers globally have been struggling amid a multiyear slump in geostationary satellite orders that only neared historical buying rates last year. Satellite operators ordered 15 commercially competed geostationary communications spacecraft in 2019, more than the previous two years combined. (...)
https://spacenews.com/airbus-citing-weak-space-market-to-cut-more-than-2300-jobs/