- American City Business Journals•2 days ago
Boeing rival Bombardier Inc. is cutting 7,500 jobs around the world, including 2,500 in its aerospace manufacturing programs. The announcement by Bombardier (BBD-B.TO) left Northern Ireland, where Bombardier has a large aerospace contingent in the United Kingdom, in a state of shock. Boeing executives, investors and employees in the Puget Sound are watching the success or failure of Bombardier's new CS300 regional jet program closely because it is competing directly against Boeing's 737 Max 7, which is made here in Renton.
- Reuters•2 days ago
Bombardier Inc said on Friday it would cut 7,500 jobs, mostly in its train-making division, in a second round of layoffs announced this year, following extended delays and budget overruns in its aerospace business. About two-thirds of the jobs are in Bombardier Transportation, the Germany-based rail unit which had already been slated to eliminate about 3,500 workers. Bombardier, which ended 2015 with 70,900 employees, said in February it would cut 10 percent of its workforce over two years, with nearly half of those jobs in the rail unit.
- Associated Press•2 days ago
Airplane and train maker Bombardier will cut 7,500 jobs around the world over the next two years as it tries to turn around its business. The Montreal-based company said Friday that the reductions are ...
Bombardier Inc. (BBD-B.TO)
Toronto - Toronto Delayed Price. Currency in CAD
|Day's Range||1.74 - 1.79|
|52wk Range||0.72 - 2.28|
|1y Target Est||N/A|
|P/E Ratio (ttm)||-0.62|
|Avg Vol (3m)||4,193,165|
|Dividend & Yield||0.00 (0.00%)|