Power struggles continue to roil EADS: co-chief executives say political disagreements are slowing makeover
Article Abstract:
EADS N.V., Europe's largest aerospace firm, is pressing on with the reorganization of its Airbus S.A.S. unit, planning to cut both jobs and factories to make the unit profitable again. However, shareholders voted against a capital increase proposal made by Co-Chief Executives Louis Gallois and Thomas Enders and a dividend payment remains in dispute.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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In France, Airbus takes center stage
Article Abstract:
Airbus S.A.S. of France, the subsidiary of European Aeronautic Defence & Space Co. is planning a management reorganization. The plan calls for 4,300 job cuts in France and a total of 10,000 job cuts across Europe and has sparked protests.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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