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Airbus will cut 1100 jobs

   The European airline manufacturer AIRBUS has announced to cut its workforce by 1164 employees in France and German manufacturing plants . This company's chief executive officer Tom enders said this restructuring step is for profitability aim and will help the firm compete with its rival Boeing .
   The company's employees strength is 136000, the management have decided to put the job cut on three bases , voluntary resignation , early retirement and redeployment .

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