But on the development side, the situation is less clear. There is no major development project anymore since A350 is in operation. And there are no signs yet of an upcoming major program based on their research activities for hydrogen-powered of more electric airliners.
So there could still be layoffs or downsizing due to hiring less engineers than the ones that go to retirement.
Even with record profits and huge backlog companies nowadays can do layoffs to please shareholders. Like Microsoft did.
There is no such thing as job security anymore. Successful companies can do layoffs anytime. Why not to layoff people if they can hire in cheaper locations?
Depends. Airbus probably has a strong union in France so mass layoffs especailly during pofitable times seem as likely as contact with aliens.
Well, not having a complete new aircraft doesn't mean there is no activities. A320neo is leaps and bounds ahead on the market. While Boeing seriously needs a new aircraft in that segment, Airbus can happily modernise the A320 some more. As for new developments, they likely need to integrate the A220 into their lineup, streamline the issues they had with it, and many think that the A320 successor will likely be based on the A220, making the A220 much more important to Airbus than it seems. There are rumours about a A220-500 which will have different engines than the smaller ones. In the meantime, it's known that Boeing doesn't plan to release anything anytime soon until a new generation of much more efficient engines comes in, even though it's an uncertainty when will it be.
Also, it seems that A350-1000 and A330neo sales are somewhat underwhelming, they cannot compete against the 777X or 787. By some reports, the RR engine in the A350-1000 needs too much maintenance in the hot climates of the Middle East, where a lot of wide bodies are sold.
All in all, they have their work cut on multiple fronts.
I don't think Airbus wants a repeat of the A380.
Plus last I'd checked Boeing declared they're not working on a new frame for at least a decade, and Airbus is competitive right now, so the incentive is limited: Comac is up and coming, but it's still a way away (and is missing the entire support network).