Bombardier Aerospace is to lay off 1,700 employees in a bid to contain costs after stretching out CSeries development by at least 12 months and seeing business and commercial aircraft orders decline in 2013. Announced Tuesday in an internal memo to employees, the layoffs will be split between 1,100 in Canada and 600 in the U.S. Plants in Northern Ireland and Mexico are unaffected, the company says. Bombardier Aerospace currently has 38,350 employees worldwide and says the final ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Bombardier Cuts 4.4% Of Aerospace Workforce".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.