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CEO: Airbus to strengthen local plants in company reorganization

Airbus CEO Fabrice Brégier plans to give more power to local Airbus plant managers to increase efficiency and enable them to make faster decisions as part of sweeping changes that are expected to begin in January.

Airbus CEO Fabrice Brégier plans to give more power to local Airbus plant managers to increase efficiency and enable them to make faster decisions as part of sweeping changes that are expected to begin in January. Brégier told journalists in Berlin this week that “middle management will be given more authority to make some investment decisions without requiring approval from headquarters,” according to a Bloomberg report. “We need to take decisions faster. ...

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