EADS board unanimously approved Airbus's Power8 restructuring plan, details of which will begin to be revealed to employees Wednesday. The board said in a statement that it "fully supports" the cost-cutting program, adding: "Power8 shall enable Airbus to better face the challenge of the US dollar weakness, the financial burden related to the A380 delays as well as its future investment needs." The approval followed last week's Franco-German summit that brokered compromises on job cuts and ...

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