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In The News: Cae To Cut 300 Jobs As Europe Defense Spending Falls - Reuters Canada

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CAE to cut 300 jobs as Europe defense spending falls

Reuters Canada

(Reuters) - Canada's CAE Inc (CAE.TO: Quote) CAE.N, an aviation trainer and flight simulator maker, posted a higher quarterly profit, but said it would cut about 4 percent of its workforce as it expects reduced defense spending in Europe.

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