Tom Enders, chief executive officer of Airbus Group, attends the Airbus Group 2013 annual results presentation in Toulouse in this February 26, 2014. REUTERS/Regis Duvignau
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Germany faces defense industry job cuts beyond those already planned and could even see factories closed or moved abroad if the government insists on toughening restrictions on arms exports, the head of Airbus Group told Reuters.The company's defense and space division already plans to shed some 2,000 industrial jobs in Germany.Airbus Group is in the midst of cutting a total of 5,800 jobs, mainly in its defense and space division.Germany owns 11 percent of Airbus Group.The German defense and space industry employs 105,000 people and reported combined 2013 revenues of 30.6 billion euros.Airbus Group, Europe's largest aerospace company, employs 144,000 people including about 12,000 in what used to be its Cassidian defense branch in Germany.
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