<ul><li>Airbus plans to eliminate 2,043 jobs in its Defence and Space division, representing about 5% of its workforce.</li><li>Over half of the job cuts, 1,128 positions, will occur in the Space Systems business, which has been affected by challenges in the satellite market.</li><li>The reductions primarily target white-collar and management roles and aim to lower overheads and fixed costs.</li><li>The layoffs are part of Airbus' efforts to adapt to evolving market conditions and increasing competition from US companies in the satellite sector.</li></ul>

Airbus to cut over 2,000 jobs in defence and space division

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