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Airbus to Start Talks With Unions on Permanent Job Cuts

  • Talks with unions have begun in Germany, France and Spain
  • Final tally of cuts will depend on the depth of the downturn

Photographer: Fabrice Dimier/Bloomberg

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Airbus SE is preparing for permanent job cuts after warning unions that it needs to rein in production amid a collapse in demand, people with knowledge of the situation said.

Discussions have begun with labor groups in Germany, France and Spain, the people said, with the formal process expected to start next week. The number of positions to be eliminated hasn’t yet been decided, according to the people, who asked not to be named disclosing private information.