Bombardier to Cut 1,800 Jobs Amid Troubled CSeries Launch - Bloomberg
Bombardier Inc. (BBD/B), struggling with the
development of its centerpiece CSeries jetliner, will slash
about 1,800 jobs from its aerospace business and split the unit
into three in a move to cut costs and improve operations.
The division will be carved up into business aircraft,
commercial aircraft and aerostructures units, according to a
statement from Bombardier yesterday. Leaders of those segments
and the rail operations will report to Chief Executive Officer
Pierre Beaudoin. As a result of the reorganization, Guy Hachey,
head of the aerospace business, will retire.
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