EADS co-CEO and Airbus CEO Louis Gallois said negotiations with labor unions on Airbus's Power8 restructuring plan, which calls for 10,000 job cuts, will begin today with an aim toward concluding by mid-July. Speaking in Toulouse at the manufacturer's Technical Press Briefing, Gallois conceded that "I can't ask the unions to support my plan. . .I can ask them to accept my plan. It's difficult [for them] to be enthusiastic when 10,000 workers are being cut." He said negotiations will proceed ...

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