Airbus slashing 2,000 jobs, Space Systems business mostly impacted

What’s going on at Airbus?

Airbus is eliminating more than 2,000 jobs in Defence and Space, or approximately five per cent of its second-largest division.

According to news outlets, including Reuters, more than half of the 2,043 positions being cut will affect the company’s Space Systems business following heavy losses on satellites.

The workforce reduction is expected to be implemented by mid-2026—focusing mainly on white-collar and management positions, rather than operational ones.

SEE ALSO
• Boeing slashing 17,000 jobs over ‘coming months’
• Audi to eliminate thousands of non-production roles
• Nissan to cut 9,000 jobs, misread hybrid demand
• Volkswagen to lay off thousands of workers, close 3 plants

Impact on Canadian staff

It remains unclear if non-unionized employees in Canada are affected by the latest round of layoffs at Airbus.

According to LinkedIn, Europe’s largest aerospace group employs more than 2,600 Canadians.

Employee support & next steps

Non-unionized employees in Canada affected by layoffs, including those at Airbus, may be eligible for severance pay.

Severance can be as much as 24 months’ pay. It’s calculated using a variety of factors, including age, length of service, position at the company, and ability to find new work.

WATCH: Employment lawyer Lior Samfiru breaks down everything you need to know about severance pay on an episode of the Employment Law Show.

Key severance facts:

• Severance packages may include salary, bonuses, commissions, and other forms of compensation. Use our firm’s free Severance Pay Calculator to better understand your entitlements.
• You don’t have to accept a severance package immediately or a few days after receiving it. Employees in Canada have up to two years from the date of their termination to review and negotiate severance entitlements.
• A second opinion can make the difference. Before accepting a severance offer, have it reviewed by an experienced employment lawyer at Samfiru Tumarkin LLP

Major layoffs continue

Plans to eliminate Defence and Space positions at Airbus come amid a flurry of job cuts in 2024.

Big names, including Vale, Cargill, Mohawk College, Sheridan College, Rogers, General Motors, AMD, Mozilla Foundation, Visa, Meta, Nokia, and Deloitte, have pulled out the axe as they continue to navigate challenging economic conditions.

SEE ALSO
• Salesforce to cut jobs at ‘Own’ following $2-billion acquisition
• Amazon Layoffs: Nearly 14,000 managers could be axed to cut costs
• Where are layoffs happening in Canada?

Lost your job? Contact us

If you’ve been fired or let go for any reason, contact the experienced employment law team at Samfiru Tumarkin LLP.

Our lawyers in Ontario, Alberta, and B.C. have successfully represented tens of thousands of non-unionized individuals.

In addition to severance package negotiations, we can assist you on a broad range of employment matters, including:

Contact us or call 1-855-821-5900 to get the advice you need and the compensation you deserve.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is NOT specific to any one company and should NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.