Bombardier to eliminate 7,000 jobs
MONTREAL — Bombardier announced Wednesday it will eliminate 7,000 positions over two years — more than a third of which will come from Canada — in the latest effort by the country’s largest aerospace company to turn itself around as it awaits word of federal aid.
The Montreal-based firm said the layoffs will include 2,830 jobs in Canada, including 2,400 in Quebec. Nearly half of all the cuts would be at Bombardier Transportation, its rail division, which will lose 3,200 jobs.
Bombardier employs about 74,000 people around the world, according to its website.
The cuts will be partly offset by hiring in certain areas, particularly as Bombardier plans to ramp up production of its new CSeries jets, the company said. Layoff notices are expected to be issued in the coming weeks and completed by next year.