Canadian airplane and train manufacturer, Bombardier Inc recently announced that it would cut about 2,500 jobs or 11% of its aviation workforce. According to a Reuters report, the recent decision by the company is a direct result of the pandemic impacting the airline industry.
The aviation industry has been among the worst hit by the pandemic, which has dented travel demand and forced several aircraft manufacturers, including planemakers Boeing Co and Airbus SE, to cut production as customers defer deliveries.
“We are now faced with the difficult decision to adjust the size of our business, considering both disruptions in our supply chain as well as industry-wide forecasts calling for approximately 30% year-over-year drops in unit deliveries due to the pandemic,” David Coleal, president of Bombardier Aviation, said in a memo to workers about the layoffs.
Bombardier Aviation spokesman Mark Masluch said the company is starting to scale back production, but did not provide any specific details.
Bombardier, which has nearly 60,000 employees at its aviation and rail units, said it would book a $40million charge related to the job cuts.
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