Airbus to cut 10,000 jobs
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Pan-European aircraft manufacturer Airbus SAS's planned restructuring strategy includes 10,000 job cuts, France's prime minister confirmed Tuesday.Comment
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Delta Air Lines is planning to cut 7,000 jobs, or about 10% of its workforce, as the US carrier fights to avoid bankruptcy.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) said on Tuesday it will cut wages by 10 percent and its chief executive will go unpaid for the
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SAN JOSE, Calif.  --  Chip-maker Intel Corp. said Tuesday it will eliminate 10,500 jobs  --  about 10 percent of its work force  --  through layoffs, attrition and the sale of underperforming business groups as part of a massive restructuring.
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TOULOUSE, France  - Troubled planemaker Airbus confirmed 10,000 job cuts and announced plans to sell all or part of six factories on Wednesday, as workers protested and European politicians hailed a hard-fought compromise.
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The plan to slash 10,000 jobs at European aircraft manufacturer Airbus is no longer realistic following big orders for Airbus planes, the German IG Metall labour union said on Friday.
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Airbus, the European plane maker, said on Wednesday that it expected orders for new aircraft to halve to around 700 this year after a record order intake in 2007.
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The government and trade union officials voiced disappointment at the decision by European aircraft maker Airbus on Wednesday to slash 1,600 jobs over the next four years.
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Airbus was expected to announce significant new delays to its flagship A380 jet Tuesday after its biggest customer, Dubai-based airline Emirates, said it had received notice that its planes will be a further 10 months late.
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French and German Airbus staff stop work in a second day of protests after the firm announced 10,000 job cuts.
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The German car maker BMW is set to eliminate "several thousand" jobs next year as part of a cost-cutting plan, a spokesman for the group told AFP on Friday.
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Delta Air Lines on Wednesday said it  plans to cut between 6,000 and 6,900 jobs during the next 18  months, implement a 10 percent across-the-board pay reduction  and reduce employee benefits in a bid to avoid bankruptcy.
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Airbus on Monday postponed a major announcement on job cuts planned for Tuesday, saying European nations could not agree how to share the work on the planemaker's next aircraft, the wide-body A350.
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United Airlines is mulling plans to cut 6,000 jobs -- or 10 percent of its work force, according to the Financial Times. The move would allow the bankrupt carrier to cut annual operating costs by $655 million.
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French Prime Minister Dominique de Villepin has confirmed that 10,000 job cuts were planned at European aircraft manufacturer Airbus, but urged there be &quot;no compulsory layoffs.&quot;
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Airbus will slash 10,000 jobs and sell all or part of six factories, it confirmed on Wednesday, as workers protested and politicians hailed a hard-fought compromise.
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PARIS/MUNICH  - Airbus plans to cut 5,000 jobs and axe another 5,000 filled by contractors, bringing total job cuts in its plants to 10,000 while limiting the impact on its own workforce, industry sources said on Tuesday.