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Bombardier to cut 7,000 jobs over next two years
Montreal-based Bombardier plans to cut its workforce by up to 7,000 people even as the airline has finally signed a deal to sell its CSeries jets to a major North American airline.
February 17, 2016 By CBC News
Bombardier said Wednesday up to 2,000 of the total cuts will be contractors.
Most of the job losses will be in Canada and Europe and be partly offset by hiring in certain areas, such as its new CSeries aircraft program. Worldwide, Bombardier currently has 3,450 people working in its CSeries division, a figure the company expects to rise as it ramps up sales and production. | READ MORE
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