canadian aerospace giant bombardier to cut 7500 jobs by end2018
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Canadian aerospace giant Bombardier to cut 7500 jobs by end-2018

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Arab Today, arab today Canadian aerospace giant Bombardier to cut 7500 jobs by end-2018

Canada's Bombardier said it was cutting around 7,500 jobs
Paris - AFP

Canada's Bombardier said Friday it was cutting around 7,500 jobs by the end of 2018 as the aircraft and train manufacturer tries to cut costs and boost productivity as part of a turnaround plan.

"The actions announced today will ensure we have the right cost structure, workforce and organization to compete and win in the future," chief executive Alain Bellemare said in a statement about the measures that aim to produce $300 million in recurring savings.

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