Aviation giant Bombardier cuts 7000 jobs

GMT 12:02 2016 Wednesday ,17 February

Arab Today, arab today Aviation giant Bombardier cuts 7000 jobs

Canadian aviation giant Bombardier
Montreal - Arab Today

Canadian aviation giant Bombardier announced Wednesday it was cutting more than 10 percent of its workforce as the company undergoes major restructuring in 2016 and 2017.

The 7,000-job reduction of the global workforce "will be partially offset by hiring in certain growth areas," Bombardier said as it released financial results.

The company said it posted revenues of $18.2 billion last year. 

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