Bombardier to Jettison 2,000

Summary


MONTREAL -- Bombardier Aerospace will lay off 2,000 employees -- 1,440 in Montreal -- as it slows the production rate of its 50-seat Canadair Regional Jet to face the realities of the struggling U.S. airline industry.

The company also warned Thursday of 1,200 more job cuts if Delta Air Lines, one of its major customers, files for bankruptcy protection as feared.

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Extract


Bombardier to Jettison 2,000

The cuts, including 560 in Belfast, Northern Ireland, are to take place over nine months starting in November. The ...

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