Bombardier to cut 5,000 jobs worldwide

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Sharecast News | 08 Nov, 2018

Bombardier workers in Northern Ireland and the Midlands could face lay-offs after the struggling Canadian company announced on Thursday it would be cutting 5,000 jobs globally.

The cuts will be made over the next 12 to 18 months, but it is expected that they will most likely hit Canada.

The company employs 4,000 people at four locations in Northern Ireland, mainly in Belfast and 1,600 people in the East Midlands.

A Bombardier UK spokesperson said: "We will take the necessary time to evaluate what this means for our Aerostructures and Engineering Services business. We will communicate with our employees in more detail over the coming weeks."

The announcement comes in a push from the company to streamline Bombardier by announcing 5,000 job cuts and the sale of the company’s Q400 turboprop operation and a training business.

The company save about $250m a year by 2021 from the employment reduction.

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