Canadian Aviation Bombardier cut about 2000 Jobs

Canadian Aviation Bombardier cut about 2000  Jobs

Canada's Bombardier will cut about 2000  jobs, the troubled Aviation Giant has announced in a major reorganisation.

This marks another step in Bombardier's evolution, said Pierre Beaudoin the company's president and chief executive officer, who said the overhaul, to be completed by January  of next year, would reduce costs and overhead.

A spokeswoman for the Montreal based company, Isabelle Rondeau, confirmed the size of the cuts.

Beaudoin said in his press release that the Reorganisation in particular of the Company Aerospace branch will enable us to be more agile and Flexible in addressing customer needs, while increasing our focus on growth areas.

Among other recent woes, Bombardier had less than anticipated demand for its Series medium range planes, which for a time were plagued by costly Engine Problems.

Company Officials announced that as part of the overhaul, one of its senior Officials, Aerospace President and Chief Operating Officer Guy Hachey, is stepping down.

Guy led Bombardier Aerospace during an important period in its history. Beaudoin said I wish to thank him for his contributions over the past six years. 

Bombardier, one of the world's largest aircraft manufacturers, is the only company to build both planes and trains.

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Aviation Giant troubled,
Aerospace Company, 
world's largest aircraft manufacturers,
Costly Engine Problems,
Bombardier will cut 2000  jobs,

Mohini Porwal [ B Sc] Trainee News Editor
Trainee News Editor