EMCC European Monitoring Centre on Change

European Aeronautic Defence and Space Company (EADS)

Company/Organisation:
European Aeronautic Defence and Space Company (EADS)

Geographic Location

Country: United Kingdom
Location of affected unit(s): Stevenage, Portsmouth and Newport

Company

Sector: Manufacturing
Manufacture of transport equipment
30.30 - Manufacture of air and spacecraft and related machinery
Number Employed: 17000

Employment Effects

Announcement Date: 09-12-2013
Planned Job Reductions min: 450
Planned Job Reductions max: 450
Type of Restructuring: Internal restructuring

Additional Information

Aerospace and defence giant EADS has announced plans to cut up to 450 jobs in the UK as part of a corporate restructuring scheme.

As reported, the job losses are largely blamed on governments' military spending cuts. The UK job cuts (in Stevenage, Portsmouth and Newport) will be the result of the integration of the Astrium, Cassidian and Airbus Military divisions into a single unit. 

The cuts will be implemented over the next three years. EADS stated that it plans to implement most of the redundancies via voluntary means.