Astrium To Cut 2,000 Workers Over Five Years

PARIS — EADS Astrium expects to achieve €400 million ($572 million) in annual savings by 2015 after trimming some 2,000 workers from the company’s 17,000-strong European workforce over the next five years, Astrium CEO Francois Auque said June 18. With €5 billion in turnover last year and an order...

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