Daily Business News
Tuesday, October 10, 2006
  New Airbus chief warns of "painful" job cuts (Reuters)

An Airbus A380-800 aircraft arrives at Farnborough International Airshow in Farnborough England July 23 2006. (Kevin Coombs/Reuters)Reuters - The new head of European plane maker Airbus said on Tuesday the group's structure needed to be simplified and decisions would be made in the next few months that could lead to "painful" job losses among its 55000 staff.


 
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