French Airbus workers sign restructuring agreement
October 14, 2020 00:00:00
TOULOUSE (France), Oct 13 (Reuters): Major French unions on Monday signed a keenly awaited labour deal with Europe's Airbus covering job reductions and furloughs for production workers affected by coronavirus-blighted demand for passenger jets.
After three months of talks, unions representing a majority of the planemaker's French workers signed an agreement paving the way for 4,200 job reductions in France, including 3,400 in Toulouse, Europe's aerospace capital where Airbus is based.