Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Airbus Group SE has announced to its European Central Works Council further details on the company’s planned restructuring as of 1 January 2017. As part of the restructuring measures, Airbus Group envisages a progressive reduction of its current workforce of around 136,000 by a maximum of 1,164 positions. Out of this figure, 640 will be cut in France and 524 in Germany. Furthermore, the group forecast the transfer of 325 position from the Suresnes site (Haut-de-Seine, France) that will be closed in 2018 and from Ottobrunn (Germany) to the headquarter in Toulouse. According to the group, "these reductions will mainly affect support and integrated functions as well as the CTO (Chief Technology Office) organisation. At the same time, Airbus Group is preparing for the future by continuing to invest in developing core competencies; around 230 positions will be created to secure critical skills needed by the company in the era of digital transformation". The net job cuts will result in 934 positions (1,164 - 230).
Airbus Group aims at mid-2017 for an agreement on appropriate social measures in line with regulations and company agreements. Voluntary departures, redeployments and early retirements are part of the measures to be discussed. As previously announced, Airbus Group will thoroughly consult with its social partners on each of the necessary next steps. However the management has not taken the commitment, at this stage, to avoid forced dismissals, despite calls from the unions. The announcement arrives one month after the project of Airbus Helicopters to cut 582 positions. Job cuts were also announced by Airbus Corporate Jet Centre.
Eurofound (2016), Airbus Group, Merger/Acquisition in European Union, factsheet number 89283, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89283.
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