January 21, 2014 archive

Bombardier to lay off 1,700 employees

Bombardier Aerospace announced on January 21st, 2014 that the company would layoff 1,700 employees to contain costs after stretching out CSeries development by at least 12 months and having aircraft orders decline in 2013. The company indicated that it would layoff 1,100 employees in Canada and 600 in the United States. Bombardier has 38,350 employees worldwide. The …

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