PRESS: Airbus ready to cut 10,000 jobs

Airbus is preparing to announce up to 10,000 job losses at key operating sites across Europe according to reports in today’s press.
France and Germany are expected to bear the brunt of the cuts, although 1,500 job losses are liekly at Airbus plants in Britain and 500 in Spain.

The plan is expected to be unveiled later today after negotiations across Europe.