Airbus Cuts Almost 600 Helicopter Jobs as Crash, Oil Clip Demand

  • Earnings from ‘chopper’ arm fell 17% in first nine months
  • CEO Enders planning workforce reductions across the group

A technician works on a helicopter component in the fabrication and assembly room of the Airbus Helicopters Canada facility in Fort Erie, Ontario, Canada.

Photographer: James MacDonald/Bloomberg

Airbus Group SE announced the first of what may prove to be thousands of job cuts across its business, saying it will eliminate 582 posts at its helicopter arm following a slump in demand from the oil and gas industry and a fatal crash that grounded one of its most popular models.

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