Electronics Production | February 06, 2009

Bombardier to lay of 1360

The Toronto based company will lay off 4.5% of its aerospace workforce.
Bombardier, which experienced a high level of cancellation and deferrals for its business jets in recent months, plans to lay off 1360 employees and scale back the production for private jets this year. The job cuts are to be implemented within the next 5 months.

Cutbacks will be made at its facilities in Wichita, Montreal (Canada) and Belfast (UK). Bombardier employs 60,000 staff worldwide, half of whom are employed in the aerospace division. However, these layoffs are to be offset by the creation of 830 new positions for the company's CSeries and Learjet 85 aircraft programs, as well as for the interior completion of its Global aircraft in Montreal and Belfast.


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