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EADS to cut 5,800 jobs union says


European aerospace company EADS is set to announce restructuring that includes thousands of job cuts and the sale of its Paris headquarters.


Bosses – including Chief Executive Tom Enders – have been meeting with managers and workers’ union representatives to reveal details of the planned cutbacks, which come as European governments spend less on military hardware.


The Force Ouvriere trade union said it had been told 5,800 jobs will go – five percent of the workforce – through voluntary redundancies and transfers as EADS refocuses on its civil aircraft business.


The cuts would be in Germany, France, Britain and Spain.