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Bombardier layoffs a symptom of Canada’s failure to stay competitive, says expert

Published: 24 October 2016

Bombardier is eliminating 7,500 workers around the world, with roughly 2,000 positions being cut in Canada. But they’re hiring 3,700 in countries with lower costs. One expert says Canada’s struggle to be competitive in the international marketplace is one reason why.

Karl Moore, professor at the Desautels faculty of management at McGill University, said that Bombardier will have to “suffer some pain” here in Canada as it restructures in an attempt to return to profitability and competitiveness.

Read full article: Global News, October 21, 2016 

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