CBI Wales responds to job losses at Airbus

Ian Price, CBI Wales Director, said:

“This is an extremely sad day for individuals set to lose jobs, for a company that has made such an immense contribution to the local economy and for Wales’ aerospace sector. Airbus is one of the biggest private sector employers in the area, with a supply chain that stretches across the UK.

“Alongside hospitality and tourism, the impact of coronavirus on the aerospace sector has been immediate and devastating.

“It’s also a sobering reminder that the Covid-19 crisis is far from over. While some businesses are re-opening their doors or returning to a ‘new normal’, others are having to take extremely tough decisions just to keep the lights on.

“While charting a sustainable post-pandemic recovery is vital, we can’t lose sight of the compelling need to protect jobs and firms now. Further wage support to protect jobs, a new jobs programme to create opportunities and more funding for skills and training are essential to protect livelihoods and reduce the scarring impact long-term unemployment would have on our communities.”