Bombardier Aviation Announces Workforce Adjustments in Response to COVID-19 Pandemic
Bombardier Aviation announced today that it would adjust its
workforce to align with current market conditions reflecting the
extraordinary industry interruptions and challenges caused by
When the pandemic first arose, Bombardier Aviation responded
quickly, suspending manufacturing operations to support local
government efforts to slow the spread of the virus and to protect
the health and safety of employees, partners and customers. Over
the past month, Bombardier Aviation guided by health professionals
and industry best practices, implemented comprehensive procedures
and safeguards to further protect employees and communities as
manufacturing operations resumed. Now with business jet deliveries,
industry-wide, forecasted to be down approximately 30%
year-over-year due to the pandemic, Bombardier must adjust its
operations and workforce to ensure that it emerges from the current
crisis on solid footing.
Accordingly, Bombardier Aviation has made the difficult decision
to reduce its workforce by approximately 2,500 employees. The
majority of these reductions will impact manufacturing operations
in Canada and will be carried out progressively throughout 2020.
Bombardier’s worldwide customer service operations have continued
to operate largely uninterrupted throughout the pandemic.
Bombardier expects to record a special charge of approximately
$40M in 2020 for this workforce adjustment and will provide further
information on its market outlook when it reports its second
quarter financial results on August 6,
About Bombardier With nearly 60,000 employees
across two business segments, Bombardier is a global leader in the
transportation industry, creating innovative and game-changing
planes and trains. Our products and services provide world-class
transportation experiences that set new standards in passenger
comfort, energy efficiency, reliability and safety.
Headquartered in Montreal, Canada, Bombardier has production and
engineering sites in over 25 countries across the segments of
Aviation and Transportation. Bombardier shares are traded on the
Toronto Stock Exchange (BBD). In the fiscal year ended Dec. 31,
2019, Bombardier posted revenues of $15.8 billion. News and
information at bombardier.com or follow us on
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