Job Market Monitor
Bombardier
Bombardier – To cut up to 2,200 jobs in Germany
Canada’s Bombardier will cut up to 2,200 jobs in Germany, or around a quarter of its workforce in the country, by 2020 as part of a sweeping savings plan, Bombardier Transportation’s supervisory board Chairman Wolfgang Toelsner said. There are no plans for plant closures, he told journalists at a news conference on Thursday. Bombardier said … Continue reading
Bombardier – 7,000 jobs cut
Bombardier is implementing one of the deepest job cuts in its history by eliminating 7,000 positions — including more than a third in Canada — though it took pains Wednesday to instead train the public spotlight on a large CSeries plane order with Air Canada. The layoffs represent close to 10 per cent of Bombardier’s … Continue reading
Bombardier – 1,750 job cuts, 1,000 in Montreal and another 480 in Toronto
Bombardier Business Aircraft has announced it is cutting 1,750 jobs, including 1,000 in Montreal and another 480 in Toronto. The Montreal-based company said that current economic conditions and political turmoil in Russia, China, and Latin America have impacted the entire industry and has meant the company has had to reduce its production of its Global … Continue reading
Bombardier – To cut 1,000 aerospace jobs
Bombardier says it’s going to cut about 1,000 employees from its Learjet business in 2015, affecting sites in Mexico and the United States. The Montreal-based aerospace company says the cuts are due to weak demand for the Learjet 85 business jet. Chosen excerpts by Job Market Monitor. Read the whole story at Bombardier to cut 1,000 aerospace jobs … Continue reading
Bombardier – More job cuts planned
Canada’s Bombardier Inc plans to cut more jobs and halt new hiring to help save costs, it said on Thursday, and added that commercial talks for a Russian assembly plant are ongoing despite sanctions. Bombardier, which manufactures planes and trains, also sought to allay worries about the pace of its cash burn after posting higher … Continue reading
Bombardier – 1,800 jobs to be cut
Bombardier Aerospace president and CEO Guy Hachey is retiring after six years in the post amid a restructuring of its operations that will result in the layoff of 1,800 employees. The Montreal-based company (TSX:BBD.B) says its aerospace division will operate in three segments — business aircraft, commercial aircraft and aerostructures and engineering services — each … Continue reading
Bombardier / Laying off 1,700 mostly around Montreal
Bombardier plans to lay off 1,700 workers from its aerospace division, mostly around Montreal. The layoffs represent 6 per cent of the Bombardier Aerospace work force. The move comes just days after Montreal-based Bombardier Aerospace announced another delay in its C Series all-new jet program. The manufacturer has also experienced delays in the launch of … Continue reading
Bombardier / To cut more than 1,400 jobs at its railcar plant in Derby, England
Siemens AG, Europe’s largest engineering company, sealed a $2.5 billion contract to provide carriages for a London rail link, beating Bombardier Inc., which is cutting jobs at its plant in England. The order to provide 1,140 new carriages for use on the Thameslink line will be awarded to a consortium led by Munich-based Siemens, the … Continue reading
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