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EADS: staff cuts and wage freeze
Paris, France - In order to face Airbus' crisis
Aerospace consortium EADS will reduce its administrative staff by 10% in Munich and Paris headquarters. The cut is the consequence of Airbus' crisis because of A-380 programme delays. An EADS spokesman in Germany said that the cuts plan was approved by the top management. The company will try to avoid discharges and will promote other initiatives, such as pre-retirement. Wages of hundred executives...
AVIONEWS - World Aeronautical Press Agency - 67287
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency