The boss of Airbus has warned the company is "bleeding cash" due to the coronavirus pandemic.
This month Business Live reported that the aerospace giant was cutting the monthly production rate of the A320 from 60 to 40 while also reducing A350 rates to 6.
Airbus later announced 500 workers were being laid off or going into furlough at Broughton and Filton - with the UK Government paying 80% of their wages under the Job Retention Scheme.
The workers were largely employed by contractor Guidant at the two plants.
Now though there are concerns of deeper cuts.
In France the company has already placed 3,000 workers on its Government's furlough scheme but chief executive Guillaume Faury said "we may now need to plan for more far-reaching measures".
“We’re bleeding cash at an unprecedented speed, which may threaten the very existence of our company,” he said in the memo to workers.
"We must now act urgently to reduce our cash-out, restore our financial balance and, ultimately, to regain control of our destiny.”
The company is due to give first-quarter results in the coming days in a period overshadowed by the pandemic that has left airlines struggling to survive and virtually halted jet deliveries since mid-March.
Airbus employed just over 9,000 staff at Broughton and Filton prior to the crisis.
They said they did not comment on internal memos.
