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Rockwell Collins cutting workforce by 2 to 3 percent

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Cedar Rapids Gazette: Rockwell Collins, reacting to a continued slowdown in the business jet market and cost-saving measures by airlines, has begun reducing its global workforce. Its aim is to cut jobs by up to 2 to 3 percent over the next year. The Cedar Rapids-based avionics, communications and information-management provider employs roughly 20,000 people worldwide, which could mean the elimination of as many as 400 to 600 jobs across all sectors of the business.