Airbus to cut 1,164 jobs under restructuring plan

Credit: Airbus
Airbus has detailed plans to cut 1,164 jobs and transfer another 325 positions under the restructuring plan it announced at the end of September. From Jan. 1, 2017, the European manufacturer will merge Airbus Group —formerly known as EADS—with its largest division, Airbus Commercial Aircraft. On Nov...

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