Why are 5,300 Airbus employees facing unpaid leave? What is the specific situation?

Why are 5,300 Airbus employees facing unpaid leave? What is the specific situation?

Why are 5,300 Airbus employees facing unpaid leave? What is the specific situation? Use the ultimate move! Airbus expands "unpaid leave" to 5,300 employees

European aircraft manufacturer Airbus announced on the 19th that in order to cope with the impact of the new coronavirus epidemic, the multinational company plans to expand the scale of "unpaid leave" for 5,300 employees in its Spanish and British institutions.


An Airbus spokesperson confirmed that the "holiday" plan will be effective from May 20 to September 30 and will affect approximately 3,100 employees of Airbus operating companies in Spain, while employees of Airbus Helicopters and Airbus Defence and Space in Spain will not be affected by the plan. In addition, about 2,200 employees of Airbus's British subsidiary will be on holiday from July 20 to August 9.
The spokesman said that in France, where Airbus is headquartered, employees in the commercial aircraft division were affected to varying degrees, with the average weekly working hours of the 29,500 employees in France reduced by about 30%.

Sources revealed in May that Airbus was considering several restructuring plans, including the possibility of "substantial" layoffs, in response to the possible continued impact of the epidemic after putting thousands of employees on unpaid leave. Airbus told top executives at the time that the business had to "right-size" amid a number of plans it unveiled at the end of June.
It is reported that the new coronavirus epidemic has severely impacted the global aviation industry, with aviation operators and suppliers being the first to be hit and seeking help. The French government announced a rescue plan for its aerospace companies earlier this month, totaling nearly 15 billion euros.

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