BRITISH AEROSPACE RESTRUCTURING INCLUDES 'VOLUNTARY' LOSS OF 1,400 JOBS
British Aerospace will take a pretax charge of $395 million as part of a restructuring of its manufacturing operations that will result in the "voluntary" loss of 1,400 jobs, the company said last week. The exceptional charge is $300.5 million after tax, $229.4 million of which will be taken this...
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