PARIS (Reuters) -Airbus has launched a performance improvement plan including cost cuts and a freeze on overall headcount in its planemaking business, after ...
PARIS - Airbus has launched a performance improvement plan including cost cuts and a freeze on overall headcount in its planemaking business, after recent cuts in targets for aircraft production, industry sources said, citing a memo to staff.
Some positions may disappear and the overall number of posts will be capped but the company does not plan a formal redundancy plan, planemaking CEO Christian Scherer said in the letter to staff, according to the industry sources.Costs will be examined "without taboo" but there will be no change of strategy, he added.
"In view of the continued pressure in the supply chain as well as the overall complex economic situation, there is a need to concentrate our efforts on the fundamentals," the spokesperson said.Telus Corp. has informed around 150 call centre employees based in Ontario they must relocate by October, apply for another role or agree to be laid off.
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