News: EADS cuts 5,800 Europe jobs

Strategic HR

EADS cuts 5,800 Europe jobs

Aerospace giant, EADS, announced plans to cut 5,800 jobs in its defense and space division over the next three years. The layoffs are part of a major restructuring, across Germany, France, Spain, and Britain. The restructuring is part of its efforts to cut costs, eliminate product and resource overlaps, create operational synergies, and improve R&D.

Aerospace giant, EADS, announced plans to cut 5,800 jobs in its defense and space division over the next three years. The layoffs are part of a major restructuring, across Germany, France, Spain, and Britain. The restructuring is part of its efforts to cut costs, eliminate product and resource overlaps, create operational synergies, and improve R&D.

Read the Hindu Business Line news report here.

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Topics: Strategic HR, #Trends, #International

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