on 28 february 2007, ceo louis gallois announced the company's restructuring plans. entitled power, the plan would see 10,000 jobs cut over four years; 4,300 in france, 3,700 in germany, 1,600 in the uk and 400 in spain. 5,000 of the 10,000 would be at subcontractors. plants at saint nazaire, varel and laupheim face sell off or closure, while meaulte, nordenham and filton are "open to investors". as of 16 september 2008 the laupheim plant has been sold to a thales-diehl consortium to form diehl aerospace and while the design activities at filton have been retained, the manufacturing operations have been sold to british company gkn. the announcements resulted in airbus unions in france and germany threatening strike action.