Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business environment” marked by challenges including rising costs and “rapid changes in warfare.

Airbus is cutting up to 2,500 workers from its struggling defense and space division as the European aerospace giant battles with program delays, increased costs and competition from the likes of Elon Musk’s SpaceX.

Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division, citing a "complex business environment" especially in loss-making satellites. The European aerospace group said it aims to carry out the cuts,

Airbus, the European aviation giant, is axing up to 2,500 jobs in its space and defense unit. A person with knowledge of the move confirmed the cuts to Business Insider but did not want to be named as they were not authorized to speak publicly.

European aircraft maker and Boeing rival Airbus said Wednesday that it was laying off 2,500 workers as it tries to turnaround its struggling defense and space division. Airbus said it would implement other organizational changes as it faces ongoing challenges in the defense and space sector,

Airbus plans to cut up to 2,500 jobs in its struggling defence and space flight division by mid-2026, the company announced on Wednesday. Airbus' Defence and Space division, which is headquartered in Germany,