Airbus has launched a cost-cutting plan dubbed Power8. The plan will cut 10,000 jobs in an attempt to save 5 billion euros (7.4 billion dollars) by 2010.
Now, it looks like some production will also shift to the US to take advantage of the weak dollar.
The EU wanted a strong currency. Now you have it but don't know how to manage it. You'll blame it on the US. I have no simpathy for ya.
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