Air­bus to cut 1,164 jobs in re­struc­tur­ing

China Daily (USA) - - BUSINESS -

Euro­pean air­craft man­u­fac­turer Air­bus on Tues­day said it would slash 1,164 jobs as part of a ma­jor re­struc­tur­ing scheme to in the face of stiff com­pe­ti­tion. The plane­maker said in a state­ment the job cuts in 2017 were ex­pected to af­fect sup­port and in­te­grated func­tions as well as the chief tech­nol­ogy of­fice or­ga­ni­za­tion. In a bid to in­vest in

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