European multinational corporation Airbus that designs, manufactures, and sells civil and military aeronautical products worldwide has said up to 3,700 jobs could go across its four "home" countries because of falling production rates of its A380 and A400M planes.
The aviation company said jobs would be affected in the UK, France, Germany and Spain.
However, Airbus UK said the firm did not expect to see any redundancies at its Broughton plant in Wales.
About 250 employees currently working on the A380 in the UK are likely to be deployed to other projects.
There have been recent media reports of plans for thousands of job cuts at the company.
Airbus said that from 2020, it would be producing six a year of the A380 superjumbo, the world's biggest passenger plane.
Also from 2020, it would be manufacturing eight A400Ms a year, down from a projected 15 in 2018 and 11 in 2019.
The A380 and A400M are Europe's largest civil and military aerospace projects respectively, reports BBC.
Last month, Airbus announced the latest in a series of write-offs on the troubled A400M, bringing total losses on the project to more than €8 billion (£7.1 billion).
At the same time, the A380 has suffered from lack of demand. However, the plane was given a boost in January, when the Emirates airline placed an order for up to 36 of the jets.
Airbus said the Emirates order provided "visibility to the programme for the years to come".
