Warning that its current structure is "unsustainable and unacceptable," Airbus yesterday unveiled details of its Power8 restructuring plan, which includes 10,000 job cuts, closing or selling three plants, spinning off three others, outsourcing half of A350 XWB production (see story below) and streamlining its business to achieve a 16% increase in manufacturing productivity. "Our long-term future is at stake if we don't act now," EADS co-CEO and Airbus CEO Louis Gallois said (ATWOnline, Feb. ...

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