Bombardier expects tough 2016 before transformation hits stride by 2020
Bombardier has warned of another challenging year in 2016 before the transformation it has launched, including cost-cutting efforts and shifts in production to low-cost centres, deliver a financial turnaround by 2020.
Karl Moore, professor at McGill University’s Desautels Faculty of Management, said Bellemare has demonstrated that he’s assembled a team of seasoned veterans who have developed a credible plan to propel the company forward now that public funding has eliminated worries about its survival.
Read full article: The Lethbridge Herald, November 24, 2015
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