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 ...


"EADS Outlines Defense And Space Restructuring Plan" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.