Airbus confirms 10000 job cuts in Power8 cost-cutting plan.
Airbus has this afternoon detailed its plans to shed 10000 positions over the next four years, part of a string of restructuring measures included in its Power8 cost cutting programme. Announcing the programme this afternoon in Toulouse
Airbus to slash 10000 jobs under crisis plan
TOULOUSE, France, Feb 28, 2007 (AFP) - European jet maker Airbus revealed plans on Wednesday to axe 10000 jobs, nearly a fifth of its workforce, as part of a radical cost-cutting scheme to lift the company out of a financial crisis
Airbus to axe 10000 jobs under crisis plan
TOULOUSE, France, Feb 28, 2007 (AFP) - European aircraft maker Airbus announced 10000 job cuts and a timetable for slashing its factory network Wednesday, in a bid to solve the crisis caused by problems with its A380 superjumbo jet
Airbus Deflating
The leader of one of France’s biggest unions said he feared there would be forced lay-offs in the Airbus restructuring plan, despite assurances from the company and the French government. “I hear the [French] prime minister say that we
Airbus plans 10K job cuts, plant spinoff
By LAURENCE FROST, AP Business Writer 27 minutes ago PARIS - Airbus said it will cut 10000 jobs over four years as part of a restructuring plan aimed at helping the planemaker overcome costly delays to its A380 superjumbo and the
Airbus to axe 10000 jobs under crisis plan
TOULOUSE, France (AFP) - European aircraft maker Airbus announced 10000 job cuts and a timetable for slashing its factory network Wednesday, in a bid to solve the growing crisis with its A380 superjumbo jet
Airbus plan to cost 10000 jobs, six sites to be split off
TOULOUSE, France (AFP) - European airliner maker Airbus told unions on Wednesday that it would dispose of six factories and switch some work from France to Germany under a plan costing some 10000 jobs, a union source said
Airbus plan to cost 10000 jobs, half at subcontractors
TOULOUSE, France (AFP) - European airliner maker Airbus told staff representatives on Wednesday that its re structuring plan would cost 10000 jobs, half of them at subcontractors, a union source said
Is Airbus hard-wired for a crash?
The mighty and innovative airbus 380 project has been mired in technological challenges (particularly over gigantic wiring problems) at the Toulouse plant. At minimum, these will cause huge compensation payouts to customers.
Airbus: Will Louis Gallois find wriggle room to achieve the
But unfortunately, the restructuring plan does not address the fundamental problem of split production between Hamburg and Toulouse sites on its flagship project, and the issue claimed to have triggered the ‘restructuring’.
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