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EADS: 700 jobs "Hanging by the Ariane 5's thread"

Paris, France - There could be job cuts in case ESA do not resort to EUR 200m investments for the rocket carrier-related programme

Jobs appear at risk for around 700 employees of the EADS’ space division. ESA (European Space Agency) should ensure the provision of some EUR 200m this week for the programmes related to the European rocket carriers (Ariane 5). In case it does not happen, EADS group would be forced to resort to job cutting, according to what said by some among its representatives. A drastic measure due, as it seems, a...

AVIONEWS - World Aeronautical Press Agency - 132372
Rome, Italy, 12/05/2005 14:37
AVIONEWS - World Aeronautical Press Agency

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