Airbus to lay off 10,000
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Victims of A380 debacle Airbus CEO Louis Gallois this afternoon announced 10,000 lay-offs of "overhead staff" across the company's European operations in the wake of the A380 debacle.â¦
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European planemaker Airbus is cutting 1,600 UK jobs over the next four year as it looks to reduce costs.
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TOULOUSE, France  - Airbus workers downed tools and staged protests as a company shake-up due later on Wednesday was expected to confirm plans for factory sales and thousands of job cuts.
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Airbus, seeking to reverse its fortunes after a crushing year, faced a bruising battle Wednesday in presenting a plan expected to include massive job losses across Europe and the sale of a number of plants.
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Fort Worth, Texas - American Airlines, the world&#39;s largest, has announced plans to lay off 1 100 pilots, mechanics and other ground staff in the months to come, with more cuts in the future, as it struggles to reduce costs amid falling revenue.
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United Parcel Service Inc.  said on Friday it planned to cancel an order for 10 Airbus A380 freighters.
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Planemaker Airbus said on Friday it had  raised its expected deliveries target for 2004 to as many as  320 planes and might tap up to 1 billion euros ($1.24 billion)  in controversial government loans to build a new model.
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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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European aircraft maker Airbus announced 10,000 job cuts and a timetable for slashing its factory network Wednesday, in a bid to solve the crisis caused by problems with its A380 superjumbo jet.
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A shake-up at Airbus will slash 10,000 jobs and sell all or part of six factories, French trade union CGT confirmed on Wednesday, as workers protested and politicians hailed a hard-fought compromise.
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BAE Systems will agree to sell its 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 1.9 billion pounds (2.8 billion euros, 3.6 billion dollars).
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Troubled European plane manufacturer Airbus could cut up to 12,000 jobs in a long-awaited restructuring plan to be announced Tuesday, the French business press said.
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PARIS -- Airbus, seeking to reverse its fortunes after a crushing year, faced a bruising battle Wednesday in presenting a plan expected to include massive job losses across Europe and the sale of a number of plants.
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Airbus unveils its flagship A380 on Tuesday, the plane on which the company is betting its newfound status as the world's leading jet maker as well as the 10 billion (US$13 billion) cost of developing the ...
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European plane maker Airbus is to finally unveil its restructuring plan on Wednesday amid signs of growing frustration in its workforce and strong resistance from trade unions.
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Major shake-up will slash 10,000 jobs Airbus yesterday rolled out its "Power8" restructuring programme which will see the company shed 10,000 jobs over the next four years.â¦
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By Laurie J. Flynn  Dell said it would lay off 10 percent of its 88,100 employees over the next 12 months as it tries to increase profit.