Airbus to axe 15,000 jobs, including 5,000 in France

European aerospace group Airbus, citing the worldwide slump in aircraft orders caused by the Covid-19 virus pandemic, announced on Tuesday it is to axe 15,000 jobs, representing 15% of its worforce, including 5,000 posts in France where its planes are assembled.

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The planemaker Airbus has announced plans to cut as many as 15,000 jobs – including 1,700 in the UK – as it warned the coronavirus pandemic had triggered the “gravest crisis” in its history, reports The Guardian.