Tag: job cuts

Airbus Group to Cut Net Total of 934 Jobs

Reading Time: 1 minute European planemaker Airbus is to cut a net total of 934 jobs as part of a previously announced restructuring aimed at stripping out bureaucracy and simplifying its brand. Airbus Group said it would be cutting 1,164 jobs while also creating around 230 positions in other areas – confirming details released earlier by a French trade […]

Bombardier Ramps Up Restructuring, 7,500 Jobs To Go

Reading Time: 1 minute Bombardier has announced a further round of job cuts with 7,500 positions to go, about two-thirds from the German train division, the rest from aerospace. The company expects to achieve recurring savings of approximately USD$300 million by the end of 2018, it said in a statement. Bombardier will take USD$225 million to USD$275 million in […]

Menzies Aviation to Cut 186 Jobs at Portland International Airport

Reading Time: 1 minute The company that provides ground handling services for Alaska Airlines at PDX will eliminate nearly 200 jobs in mid-October. Menzies Aviation announced the ramp and cabin cleaner positions will be eliminated October 19, with approximately 186 people losing their jobs that day. The company made the announcement in a WARN Letter to the Oregon Employment […]

Further Job Cuts Planned For Iberia

Reading Time: 1 minute In 2012 the loss of 4,500 jobs at Iberia was announced during a period of restructuring where the airline reduced its fleet by 25 aircraft and its network capacity cut by 15% in a bid to reverse cash losses by mid-2013 and raise profits by at least €600m. These job cuts came hot on the […]