Rotorcraft
Business Drop Prompts Job Cuts at Airbus Helicopters
The helicopter division has seen demand decline during the energy slump.

On the heels of posting a 17-percent decline in earnings this fall, Airbus Helicopters has announced a plan to trim its workforce by 582. The cuts will come mainly at Marignane, France, where it employs nearly 9,000, and would be implemented through voluntary departures and attrition over the next two years. Worldwide, Airbus Helicopters employs 23,000 people. Along with others in the industry, the Airbus Group division has suffered pain stemming from the global energy slump. For the third quarter, revenue was off 3 percent while earnings slid $219 million from the year-ago period. 


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