EADS Outlines Airbus DS Restructuring Plan

On December 9, EADS presented a restructuring plan for its future Airbus Defence and Space Division (Airbus DS) to the European Works Council. This presentation follows a decision by the EADS Board of Directors in July this year to consolidate the defence and space businesses of the group into one new division and to rebrand EADS into “Airbus Group”. EADS plans to cut the number of positions at Airbus DS by 5,800 until the Q4 2016. Up to 1,500 positions will be offered at Airbus and Eurocopter for redeployment of impacted employees.

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