Over the next three years European aerospace and defense giant EADS will reduce its head count by 5,800 — including up to 1,450 layoffs -— as part of a plan to put its defense and space business in line with projected revenues, the company announced Dec. 9. The plan, presented to the group’s European Works Council, follows a July decision by the EADS board of directors to consolidate its Cassidian, Airbus Military and Astrium units into a single Airbus Defense and Space Division ...
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