Airbus Hints at Compromise as Governments Fret Over Job Cuts

Airbus Hints at Compromise as Governments Fret Over Job Cuts
The logo of Airbus is seen at Airbus Helicopters facility in Dugny, near Paris, France, on July 1, 2020. Charles Platiau/Reuters
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TOULOUSE/BERLIN—Europe’s Airbus left the door open, on July 1, to scaling back its planned 15,000 job cuts in exchange for government-funded labour schemes and research, as its coronavirus restructuring stoked political and union alarm.

Europe’s largest aerospace group plans to cut 11 percent of its global workforce, after a 40 percent slump in its 55 billion euro ($61.8 billion) jet business, sparking anxiety about compulsory redundancies in France, Germany, Spain, and Britain.