Bombardier to Cut 7,500 More Jobs Through 2018, Most in Rail
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Re: Bombardier to Cut 7,500 More Jobs Through 2018, Most in Rail
#2> Chief Executive Officer Alain Bellemare said he did not expect the job cuts, which include 1,500 workers in Quebec and 500 in the rest of Canada, would affect the company's talks with the federal government over a $1 billion investment in its CSeries jet program.
"Hey Federal Government, we'd like you to help us out to the tune of a billion dollars, because we're such a big important employer here in Canada... also, we're going to slowly stop being such a big employer"
Re: Bombardier to Cut 7,500 More Jobs Through 2018, Most in Rail
#3Hope I can still buy my later bizjet there :D
Re: Bombardier to Cut 7,500 More Jobs Through 2018, Most in Rail
#4Bombardier is a weird company. It's one of those huge conglomerations that is in multiple lines of business, like some of the Japanese consortiums. This article mentions their aerospace and rail lines, which I wasn't even aware of; their more visible business, as far as I know, is in ATVs, snowmobiles, and jetskis.
Re: Bombardier to Cut 7,500 More Jobs Through 2018, Most in Rail
#5Can't say no one saw this coming. They continue to build products not on time and not on budget.
Re: Bombardier to Cut 7,500 More Jobs Through 2018, Most in Rail
#6> Chief Executive Officer Alain Bellemare said he did not expect the job cuts, which include 1,500 workers in Quebec and 500 in the rest of Canada, would affect the company's talks with the federal government over a $1 billion investment in its CSeries jet program. "Hey Federal Government, we'd like you to help us out to the tune of a billion dollars, because we're such a big important employer here in Canada... also…
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Re: Bombardier to Cut 7,500 More Jobs Through 2018, Most in Rail
#7[deleted]
Re: Bombardier to Cut 7,500 More Jobs Through 2018, Most in Rail
#8Bombardier is a weird company. It's one of those huge conglomerations that is in multiple lines of business, like some of the Japanese consortiums. This article mentions their aerospace and rail lines, which I wasn't even aware of; their more visible business, as far as I know, is in ATVs, snowmobiles, and jetskis.
The sport vehicles division was spun out into an independent company that doesn't really use the Bombardier brand.
https://en.wikipedia.org/wiki/Bombardier_Recreational_Produc...
Re: Bombardier to Cut 7,500 More Jobs Through 2018, Most in Rail
#9And in a few years expect to read "Bombardier to Cut 7,500 Additional Jobs Through 2023." Such is life in a demand-limited economy, where the more companies cut jobs and pay, the more their profitability and the larger economy suffers, and the more they further cut jobs.
Re: Bombardier to Cut 7,500 More Jobs Through 2018, Most in Rail
#10Bombardier is a weird company. It's one of those huge conglomerations that is in multiple lines of business, like some of the Japanese consortiums. This article mentions their aerospace and rail lines, which I wasn't even aware of; their more visible business, as far as I know, is in ATVs, snowmobiles, and jetskis.
They also make karting and small aircraft engines under their Rotax brand.