Saturday, April 28, 2007

Airbus details job cuts, 4,100 in France: report

(Reuters) - Airbus told employees in a works council meeting on Friday that 2,305 posts would vanish at Airbus France production sites at Toulouse, southwestern France, and 964 jobs would disappear at the company's headquarters, also in Toulouse, Le Monde reported.

Due to the presence of the headquarters, the French city is the most affected by the restructuring, caused by a weak dollar and delays to the A380 superjumbo.


Read more at Reuters.com Business News

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