Airbus is cutting 15,000 jobs in order to save itself from collapse during the coronavirus crisis

• Airbus is cutting 15,000 jobs within a year to counter damage caused by declining sales during the coronavirus pandemic. 
• Europe's biggest aerospace group said it would cut 5,000 posts in France, 5,100 in Germany, 900 in Spain, 1,700 in the UK, and 1,300 elsewhere by mid-2021, for a core total of 14,000. The broader tally includes another 900 job cuts planned before the crisis at its Premium AEROTEC unit in Germany.
• The company faces tough talks with governments as well as unions, which immediately pledged to fight compulsory redundancies. 
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TOULOUSE, France/PARIS (Reuters) - Airbus is cutting 15,000 jobs within a year, including 900 already earmarked in Germany, saying its future is at stake after the coronavirus outbreak paralyzed air travel.

Airbus is moving swiftly to counter damage caused by a 40% slump in its 55-billion-euro ($61.8 billion) jet business following the pandemic, balancing belt-tightening against aid offered by European governments and future priorities.

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