Paris - Arab Today
Canada's Bombardier said Friday it was cutting around 7,500 jobs by the end of 2018 as the aircraft and train manufacturer tries to cut costs and boost productivity as part of a turnaround plan. "The actions announced today will ensure we have the right cost structure, workforce and organization to compete and win in the future," chief executive Alain Bellemare said in a statement about the measures that aim to produce $300 million in recurring savings. |