Dec 11, 2013
'More cuts' and Eurofighter pain if EADS fails in bid to slash costs
The Eurofighter programme will be a particular target for restructuring, and could be in for more job cuts as early as 2016, if export sales are not secured to keep assembly lines active beyond the current 2017 schedule.
EADS is in discussions with partner BAE Systems about “restructuring” the Eurofighter consortium.
The programme being discussed with unions now calls for 5,800 jobs to be cut, including 1,300 by allowing temporary contracts to lapse. Some 2,000 jobs will go in Germany, 1,260 in France, 557 in Spain, 450 in the UK and 180 in other countries. Up to 1,500 people may be absorbed by Airbus and Eurocopter over the coming three years. Negotiations with the unions will be ongoing for several months, so it will be well into 2014 before details will be known.