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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Airbus SE | EU:AIR | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.76 | 0.49% | 154.34 | 154.00 | 155.52 | 155.52 | 153.46 | 154.12 | 698,663 | 16:40:00 |
By Olivia Bugault
The French government has asked Airbus SE to avoid any compulsory layoffs as part of its restructuring plan, Agnes Pannier-Runacher, a French junior economy minister, said Thursday on France's BFM TV.
"What we are asking to Airbus is to have a target of zero compulsory layoffs," Ms. Pannier-Runacher said, noting that this is a target and not a requirement from the government.
The European plane maker announced the biggest restructuring plan in its history in late June as the coronavirus crisis triggered a collapse in air travel. The 15,000 job cuts planned by Airbus across its commercial aircraft division include 5,000 jobs in France.
Write to Olivia Bugault at olivia.bugault@wsj.com
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(END) Dow Jones Newswires
July 23, 2020 06:39 ET (10:39 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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