Airbus Cuts Almost 600 Helicopter Jobs as Crash, Oil Clip DemandBy and
Earnings from ‘chopper’ arm fell 17% in first nine months
CEO Enders planning workforce reductions across the group
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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