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Bombardier Cuts 1,750 Jobs Due To Soft Demand For Jets

Bombardier

Bombardier confirms it will cut more than 1,750 employees in Canada and Northern Ireland over the coming months to adjust for weak demand for some of its business jets.

About 1,000 of the job cuts will be in Montreal, where Bombardier has its main operations, with another 480 are in Toronto and 280 in Belfast.  Cuts will begin in June 2015 and continue through the first quarter of 2016.

The layoffs affect the conglomerate’s business aircraft division, and will have no impact on its rail transport manufacturing according to spokesperson Maryanne Roberts.  “These developments will have no impact on Bombardier Transportation or on our plant in Plattsburgh.  Right there in Plattsburgh we’re currently gearing up for big orders for San Francisco and New York City Transit.”

Bombardier is the world’s leading manufacturer of both planes and trains.

The Associated Press contributed to this report. Copyright 2015.  All rights reserved.

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