Sure enough, the restructuring plan passed by a vote of 2,814 to 63.

Not all details of the new restructuring plan are final.

He said the restructuring plan might not have as large an impact at the management level.

The company cut over 500 jobs as part of a restructuring plan in November 2007.

The company said it would go ahead with its restructuring plan.

"We're the largest participants in their restructuring plan by far."

The commission is expected to hold a public hearing on the financial restructuring plan within a month.

This global restructuring plan could lead to the loss of up to 12 000 jobs.

For a 120-day period, the company has the sole right to present a restructuring plan to the court.

The company's restructuring plan calls for a 10% reduction in staff over the next two years.