Bombardier to shed 1,800 jobs

admin
By admin July 24, 2014 17:09

Bombardier to shed 1,800 jobs

Bombardier has announced it will reorganize its business structure and cut 1,800 jobs, also stating that the head of its aerospace division will retire.

The Montreal-based company will separate its aerospace division into three segments focused on business aircraft, commercial aircraft, and aerostructures and engineering services.

The three units, along with Bombardier’s rail-industry focused transportation unit, will all have separate heads reporting directly to CEO Pierre Beaudoin.

As part of the restructuring, Bombardier Aerospace President and Chief Operating Officer Guy Hachey will retire.

The restructuring is attributed partly to the ongoing delays experienced by the CSeries project.

CEO Beaudoin said: “The new aerospace organizational structure will enable us to be more agile and flexible in addressing customer needs, while increasing our focus on growth areas.”

The company said the new structure will be in place January 1st.

admin
By admin July 24, 2014 17:09
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Ftechnology%2Fbombardier-to-shed-1800-jobs%2F"> registered </a> users can comment.