Airbus to Cut Nearly 500 UK Jobs Amid Falling Profits and Global Restructuring
Airbus, the European aerospace giant, has announced plans to cut 477 jobs in the UK as part of a global restructuring effort following a 22% drop in profits. The job reductions are part of a broader plan to reduce over 2,000 positions worldwide, with the company citing increased costs and supply chain bottlenecks as significant … Read more