NEWS
 
Bombardier to Lay Off 1700 Workers
Bombardier says it plans 1,700 layoffs from its aerospace division, mostly in Montreal
0 0

Bombardier says it plans 1,700 layoffs from its aerospace division, mostly in Montreal.

The company told employees today that the cuts are required due to delays in the launch of new planes and tough market conditions.

Bombardier Inc. (TSX:BBD.B) says it needs to preserve cash. The layoffs represent six per cent of the Bombardier Aerospace workforce.

Categories:

Leave a comment:

· Subscribe to comments
Log in and be the first to comment!

DON'T MISS

BACK TO SCHOOL

BACK TO SCHOOL

NEWSTALK 1010 & Aaron Waxman and Associates teamed up to hand out 1,000 free backpacks with school supplies from Staples! WATCH the exciting event here

NEWS ALERTS

STAY CONNECTED

Sign up for out Breaking News Alerts and receive up-to-the-minute coverage of the top stories of the day

 
0 0

Bombardier says it plans 1,700 layoffs from its aerospace division, mostly in Montreal.

The company told employees today that the cuts are required due to delays in the launch of new planes and tough market conditions.

Bombardier Inc. (TSX:BBD.B) says it needs to preserve cash. The layoffs represent six per cent of the Bombardier Aerospace workforce.

Leave a comment:

· Subscribe to comments
Log in and be the first to comment!

Top stories

Staff Sgt cites issues of 'general disorder' tied to Youth Day