Bombardier to cut about 7,000 jobs, hire in growing areas | TribLIVE.com
TribLive Logo
| Back | Text Size:
https://archive.triblive.com/news/bombardier-to-cut-about-7000-jobs-hire-in-growing-areas/

Bombardier to cut about 7,000 jobs, hire in growing areas

The Associated Press
| Wednesday, February 17, 2016 5:00 a.m.
In this Feb. 27, 2015 photo, a Bombardier CS300 makes its maiden test flight in Mirabel, Quebec. Bombardier announced Wednesday, Feb. 17, 2016, that it will cut approximately 7,000 jobs, or about 10 percent of its total workforce.
NEW YORK — Bombardier says it plans to cut approximately 7,000 jobs — or about 10 percent of its global workforce — over two years, even as it adds jobs in growing areas of its business.

The company said Wednesday that the job cuts will include production and non-production employees, with 2,000 of the positions being contractors. It had 70,900 employees worldwide at 2015's end, according to Bombardier.

The positions to be eliminated are mostly in Canada and Europe, Bombardier said. The biggest cut — 3,200 positions — will be in the transportation segment, which has about 800 employees in West Mifflin. Spokeswoman Isabelle Rondeau said she was not certain whether anyone in Western Pennsylvania would be affected.

The aerostructures and engineering services unit will eliminate 2,500 jobs, while the product development engineering, aerospace division will cut 800 positions. The business aircraft segment will eliminate 500 jobs.

Bombardier has been modifying production rates for some of its aircraft and said it is adjusting its workforce to meet market demand. In addition, aerospace development programs and projects are slowing as expected, so employee levels are being reworked to match future workloads.

At the same time, it said it will hire for other positions in growing areas of its business. Bombardier Inc. plans to hire for its C Series aircraft program and other areas.

Bombardier said Wednesday that the job cuts and hirings will occur in 2016 and 2017. The company anticipates $250 million to $300 million in restructuring charges related to the job cuts.

Bombardier announced that Air Canada has signed a letter of intent for up to 75 C Series aircraft. Based on the list price of the aircraft, a firm order would be valued at about $3.8 billion.


Copyright ©2025— Trib Total Media, LLC (TribLIVE.com)