Airbus To Cut 10,000 Jobs, Sell Facilities In Power 8 Plan
Airbus plans to cut around 10,000 jobs in the next four years and will sell up to six of its plants as part of the Power 8 restructuring plan announced yesterday. Power 8 aims to cut costs by EUR2.1 billion annually from 2010 onwards and improve cash flow in the 2006-2010 period by EUR5 billion...
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