Aerospace Firm Daher to Cut 1,300 Jobs Amid Industry Downturn

The announcement of the elimination of 1,300 permanent contract positions was made during a social and economic committee launching negotiations on the employment safeguard plan (PSE) on Thursday, June 25, reports AFP. This will be added to the non-renewal of the vast majority of the 1,400 temporary contracts. This is not the first wave of job cuts at Daher. The aerospace equipment manufacturer has already eliminated 400 positions in the United States, Mexico and Morocco.

For Didier Kayat, CEO of Daher, while it is true that the PSE concerns the elimination of a "global workforce of 1,300 potential full-time equivalents (FTEs)", "the minimum of this PSE" is "500 to 600 positions". As a result, the group plans to save a maximum of the "700 to 800" remaining positions, he said. And this, thanks to the government support measures, particularly through its support plan for the aerospace sector.

Founded in 1863 and controlled by the Daher family (87.5% of the capital and 12.5% for Bpifrance), the group employs 10,000 people worldwide, nearly 8,000 of them in France. But the health crisis that has led to the halt of air transport has hit the equipment manufacturer hard. Its activity depends on the various Airbus divisions, the same source specifies.