12-10-2020 21:18 via uk.finance.yahoo.com

French Airbus workers sign key restructuring deal

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.Unions say the agreement will prevent compulsory
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