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Aerospace Industry
Airbus / To cut 5,291 jobs in Germany
Airbus Group (AIR.PA) has told its unions it will shed the equivalent of 5,291 jobs as part of a restructuring of its defense and space activities, with the axe falling most heavily in Germany, a union source said on Monday Continue reading
US Aerospace Industry / The silver tsunami (the aging of population) will hit
The so-called silver tsunami — the aging of the country’s population — will hit the aerospace industry especially hard. It received an influx of workers in the Apollo era, when the country’s space program was shooting for the moon and generating buzz. Cuts to that program in the mid- to late-1970s and 1980s, plus the … Continue reading
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