UK News Airbus cuts 1,700 UK jobs due to 'unprecedented' crisis
UK firms to cut 63,000 jobs amid coronavirus pandemic
The coronavirus pandemic has battered the UK economy since it arrived in early 2020 – and no sector has remained The post Hollowed out: Which UK companies have made job cuts during the coronavirus pandemic? appeared first on CityAM.
Airbus is to cut 1,700 jobs in the UK as part of a major restructuring caused by the coronavirus crisis.
The France-based aeroplane maker said it was cutting 15,000 roles overall as it faces up to what it described as an "unprecedented crisis" in the industry.
It currently employs 13,500 people in the UK, including at major sites at Broughton in north Wales and Filton in Bristol.
The planned cuts are expected to be completed by next summer.
Airbus said 5,000 jobs will go in France and 6,000 in Germany, with 900 affected in Spain and the remainder at other sites worldwide.
Car industry warns one in six jobs at risk
Britain's car industry is calling for a package of support measures including VAT cuts as it claims one in six jobs in the sector are at risk due to the coronavirus crisis. © PA The number of cars made in Britain is expected to fall by a third this year The Society of Motor Manufacturers and Traders (SMMT) said that with a third of workers still furloughed - and government subsidies for those temporarily laid off due to end in the autumn - there is a "critical need" for help.
It said it took the decision after a 40% plunge in commercial aircraft business activity in recent months resulting in a slump in production.
The company said that while it was grateful for government help to support the sector, it was facing the prospect of air traffic levels not recovering to pre-COVID levels until possibly as late as 2025.
Airbus chief executive Guillaume Faury said: "Airbus is facing the gravest crisis this industry has ever experienced.
"The measures we have taken so far have enabled us to absorb the initial shock of this global pandemic.
Airport ground handling firm Swissport to axe 4,556 jobs due to pandemic
Airport ground handling firm Swissport is planning to axe 4,556 jobs in the UK and Ireland - half its workforce - due to the impact of the coronavirus. © Getty Swissport says the COVID-19 crisis means the industry faces a long period of uncertainty Staff were being informed of the cuts on Wednesday morning.In a memo seen by Sky News, Swissport's chief executive for western Europe, Jason Holt, said it had been "hit hard" by COVID-19 with revenues "almost completely lost".
"Now, we must ensure that we can sustain our enterprise and emerge from the crisis as a healthy, global aerospace leader, adjusting to the overwhelming challenges of our customers.
"To confront that reality, we must now adopt more far-reaching measures."
Job cuts have appeared likely at Airbus since early on in the crisis.
In April,in a leaked internal letter that the company was "bleeding cash at an unprecedented speed" and that its survival was under threat without immediate action.
ADS, the UK trade body representing the aerospace, defence and security sectors, said new measures were "urgently required" to support a recovery in the sector.
Its chief executive Paul Everitt said: "This is undoubtedly the toughest period the global aerospace industry has ever faced.
Governments ‘asleep at the wheel’ at start of pandemic, Labour leader claims
Sir Keir Starmer made the comment during an online question and answer session.During a Call Keir online question and answer session with people in Lanarkshire, Connie McCready told him: “We should have closed down earlier.
"Being the largest commercial aircraft company in the UK, Airbus is central to our aerospace industry and has a close relationship with its highly integrated UK supply chain.
"This difficult news will be unsettling for their employees and those working as part of the supply chain."
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It comes after engine maker Rolls-Royce said last month it was tofrom its global workforce.
Thousands of roles have also been axed at airlines British Airways, easyJet and Ryanair as a result of the lockdown.
Labour's shadow transport secretary Jim McMahon MP said with a jobs threat hanging over workers in the sector, ministers had been "found wanting" .
The party is calling for an extension to the furlough scheme - under which the taxpayer subsidises 80% of wages for temporarily laid-off workers - for the most badly-affected sectors, as well as a "sectoral deal" to protect the aviation industry as a whole.
Steve Turner, assistant general secretary at trade union Unite, said it was an "act of industrial vandalism".
"Over the weeks of this crisis, this country's aerospace jobs have gone hand over fist yet not one word of support or act of assistance has been forthcoming from the government," Mr Turner added.
North Wales site hardest hit by 1,700 Airbus job cuts .
More than 1,700 jobs are planned to be cut from two sites.The company said it had opened talks on its “adaptation plan”, which it unveiled earlier this week in response to the collapse in air travel as a result of the pandemic.