Bombardier Sheds 1,700 Workers Following CSeries Delay | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.19.25

Airborne-NextGen-05.20.25

AirborneUnlimited-05.21.25

Airborne-AffordableFlyers-05.22.25

AirborneUnlimited-05.23.25

Thu, Jan 23, 2014

Bombardier Sheds 1,700 Workers Following CSeries Delay

About Two-Thirds In Canada, 600 In The U.S.

Bombardier has announced that it will lay off about 1,700 workers in its aerospace division shortly after saying the entry into service of the CSeries aircraft will be delayed until sometime in 2015.

The move will eliminate 1,100 jobs in Canada and 600 in the U.S., according to a report from Reuters. Bombardier said it needs to cut expenses and still make major investments in the CSeries and Learjet 85 aircraft it has under development.

The company sent a memo to staff obtained by Reuters that indicated the company was putting stricter spending controls in place to "consistently meet out budget through 2014." Analysts such as Stonecap Securities' Scott Rattee say the move confirms that Bombardier is "very concerned about their cash position."

The memo said that the employees would be laid off in the manufacturing, engineering, sales and support segments of the aerospace division. The company said that it would work to match employees targeted for layoffs with a "few hundred" openings that it is working to fill.

FMI: www.bombardier.com

Advertisement

More News

NTSB Prelim: Lee Aviation LLC JA30 SuperStol

A Puff Of Smoke Came Out From The Top Of The Engine Cowling Followed By A Total Loss Of Engine Power On May 9, 2025, about 1020 mountain daylight time, an experimental amateur-buil>[...]

Classic Aero-TV: Curtiss Jenny Build Wows AirVenture Crowds

From 2022 (YouTube Edition): Jenny, I’ve Got Your Number... Among the magnificent antique aircraft on display at EAA’s AirVenture 2022 was a 1918 Curtiss Jenny painstak>[...]

ANN's Daily Aero-Term (05.30.25): Very High Frequency (VHF)

Very High Frequency (VHF) The frequency band between 30 and 300 MHz. Portions of this band, 108 to 118 MHz, are used for certain NAVAIDs; 118 to 136 MHz are used for civil air/grou>[...]

Aero-News: Quote of the Day (05.30.25)

“From approximately November 2021 through January 2022, Britton-Harr, acting on behalf of AeroVanti, entered into lease-purchase agreements for five Piaggio-manufactured airc>[...]

ANN's Daily Aero-Term (05.31.25): Microburst

Microburst A small downburst with outbursts of damaging winds extending 2.5 miles or less. In spite of its small horizontal scale, an intense microburst could induce wind speeds as>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.30.25: Anti-Helicopter Bill, PW Strike Done, All-Electric Bristell

Airborne 05.29.25: ATC Bonu$, VX4 eVTOL Flies, Starship 9 Test

Airborne-NextGen 05.28.25: SpaceX Tries Again, Electra Blown Wing, Solar Record

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC