EADS European Aeronautic Defence and Space

Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30 - Manufacture of other transport equipment
30 - Manufacture of other transport equipment
1,600 - 3,300 jobs
Number of planned job losses
Job loss
Announcement Date
13 March 2003
Employment effect (start)
Foreseen end date

Description

EADS is a global aerospace and defence products and services company. The Space Division's management is now implementing a comprehensive restructuring programme, which targets an additional staff reduction estimated at about 1,700 personnel. This reduction will be in addition to the previous plan from last year of about 1,600 employees, currently under implementation mostly in 2003.

Citation

Eurofound (2003), EADS European Aeronautic Defence and Space, Internal restructuring in European Union, factsheet number 59820, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59820.