Aerospace giant Airbus could reportedly cut as many as 10,000 jobs from its global workforce as the aviation industry battles with the impact of the Covid-19 pandemic.
The company employs 130,000 people worldwide, including around 3,000 at its site in Filton, and is allegedly in talks with unions and employee representatives in Europe over potential job losses.
However, any final number will depend on the depth of the crisis in the aerospace industry, according to Business Live.
An Airbus spokesperson said: "Over the last few weeks, Airbus has implemented a number of financial, operational and social measures in order to adapt to the severe health and economic impacts of the Covid-19 crisis.
"The company will continue to take all necessary measures to ensure the future of Airbus in cooperation with its social partners.
"Airbus doesn't comment on speculation relating to internal meetings."
Earlier this month Airbus confirmed it was furloughing 1,500 staff in Filton.
The aerospace manufacturer said two-thirds of its engineering, engineering support, and support function employees would be put on the Government’s Job retention Scheme, but people working on the plant were not affected.
The chief executive of the company also reportedly said in April that Airbus was "bleeding cash at unprecedented speed" because of the coronavirus pandemic.
The news comes as a trade body representing the aerospace, defence, security and space sector warns there could be “long-lasting damage” to the manufacturing industry if there is not "coordinated action" to support economic recovery.
ADS said it welcomed the recent publication of the Government’s Covid-19 Recovery Strategy but called on Downing Street to work with industry to support businesses back to growth.
ADS chief executive Paul Everitt said: “It is now essential that the Government works with industry to put in place the measures needed to support businesses through this challenging period and towards a return to long-term growth.”
He added that a “rapid restart” was “fundamental” to protecting jobs, retaining skills, and unlocking investment.
