EADS plans to cut jobs, costs at defense unit: CEO in paper

> European aerospace group EADS is planning to cut jobs and costs in its defense division, the group's chief executive was quoted by a German paper as saying.
>
> "There will be hard measures," Thomas Enders told Sueddeutsche Zeitung.
>
> "There are no decisions yet, but we can't avoid cost and job cuts," he added, highlighting lost contracts in Germany after the government cut back on defense spending.
>
>  
>
> http://uk.reuters.com/article/2013/10/28/us-eads-defence-idUKBRE99R07X20131028
>