The space and defence arm of Airbus is to cut thousands of jobs worldwide before the end of 2021.
The firm said that 357 of those roles would be in the UK, out of nearly 4,000 staff.
Airbus said a flat space market and postponed defence contracts were behind the cuts.
Airbus Defence and Space, which makes everything from fighter planes and drones to satellites, employs 34,000 staff – 13,000 of them in Germany.
Around a fifth of Airbus's overall revenues come from its defence business.
A total of 829 jobs would go in Germany, 630 in Spain, 404 in France and 141 in other countries, Airbus said in a statement.
"Airbus Defence and Space has entered the consultation process with the company's European works council on the division's planned restructuring," Airbus said in a statement.
"While the underlying business perspectives especially in the core business remain solid, these steps became necessary after the division achieved a book-to-bill ratio below one for the third year in a row, mainly caused by a flat space market and postponed contracts on the defence side.
"The plans presented to the employee representatives foresee the reduction of 2,362 positions until end of 2021, thereof 829 in Germany, 357 in UK, 630 in Spain, 404 in France and 142 in other countries.
"These efforts will be supported by a reinforced profitability programme and further measures to increase long-term competitiveness and safeguard the division's future positioning."
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