PARIS — The prime contractor for Europe’s Ariane rockets on Nov. 13 outlined why and how it plans to cut its work force by 25% over four years given the transition from Ariane 5 to Ariane 6, a still-depressed heavy-lift commercial satellite market and the inability of European governments to make specific commitments to using Ariane 6.
ArianeGroup’s statement is in response to the publication by the company’s largest labor union, CFE-CGC, of a tract denouncing plans to cut 2,300 people from the company’s employment rolls . . .
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