European aircraft maker and Boeing rival Airbus said it's laying off 2,500 workers as it tries to turnaround its struggling ...

Another layoff announcement in aerospace and defense might signal the start of a disturbing trend for workers.

Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business ...

Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division after spending months taking a ...

Airbus is holding off taking a charge for 2,500 newly announced job cuts in its Defence and Space unit as it assesses their ...

Boeing and Airbus have been struggling to meet delivery goals amid supply chain challenges. An ongoing strike at Boeing has ...

Boeing (BA) rival Airbus (AIR) is slashing 2,500 jobs in its Defence and Space division as it continues to struggle to find ...

The nose of this autonomous variant of the UH-72 Lakota will open up, allowing weapons or larger pieces of cargo to be ...

Airbus said in July it had taken a charge of more than $1 billion following an audit in its space division.

The European aerospace giant is expected to announce the cuts later Wednesday, according to people familiar with the matter.

Airbus's defence unit is to reduce its headcount by up to 2,500 personnel, with the cuts driven by what it describes as a ...