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Jun 22, 2017

Bombardier cutting 2,200 jobs in Germany

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Bombardier (BBDb.TO) plans to cut around 2,200 jobs in Germany, or around a quarter of its workforce in the country, as part of a sweeping savings plan, a company source told Reuters.

Most of the jobs would be cut at the company's plants in Henningsdorf near Berlin and Goerlitz on the German border with Poland, the person said.

Bombardier Inc said in October it would cut 7,500 jobs worldwide, mostly in its train-making division, in a second round of layoffs announced last year, following extended delays and budget overruns in its aerospace business.

German weekly magazine WirtschaftsWoche reported earlier on Thursday that around 2,700 of those jobs would be at the train-making business in Germany and that plant closures were on the cards.

Bombardier denied it could shut down factories, saying no such move was on the agenda, but declined to comment on how many jobs may go in Germany. A spokesman said talks with worker representatives were ongoing.