Airbus cost-cutting starts with temporary staff

16th October 2006, Comments 0 comments

BERLIN, Oct 16, 2006 (AFP) - European jetmaker Airbus has begun cancelling the contracts of temporary staff as it cuts costs following fresh delays in the production of its A380 superjumbo, a German newspaper said on Monday.

BERLIN, Oct 16, 2006 (AFP) - European jetmaker Airbus has begun cancelling the contracts of temporary staff as it cuts costs following fresh delays in the production of its A380 superjumbo, a German newspaper said on Monday.

Financial Times Deutschland reported that staff with quarterly contracts were the first victims of the company's drive for savings. Their contracts were not being renewed while Airbus was also looking at the possibility of bringing staff employed by contractors into its own structure.

The report said that Airbus employs 22,000 people in Germany and another 7,000 under temporary contracts with employment agencies.

An Airbus spokesman said that discussions about personnel measures were still under way and no decision had been made.

Airbus announced this month that the A380 would be delivered to clients up to two years late and the company's chief executive Christian Streiff quit last week after just 100 days in the job.

Reports in Germany at the weekend said Economy Minister Michael Glos was trying to find an alternative to state-owned bank KfW buying a share in EADS, Airbus's parent company.

Copyright AFP

Subject: French news

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