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.

Financial management, Netherlands, Investor relations, European Aeronautic Defence and Space Company EADS N.V.

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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.

Personnel administration, Human resource management, Company personnel management, Company overview, Financial report

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