Loss of 1,800 Bombardier jobs painful but is positive for company: analysts


The restructuring at Montreal-based Bombardier Inc., as painful as it is with the loss of another 1,800 jobs, actually is a positive development for the aerospace company, analysts say.

... Karl Moore, associate professor of McGill University’s Desautels Faculty of Management, said it also confirms the leadership of chief executive officer Pierre Beaudoin in the face of revenue shortfalls caused by delays in getting its new planes to market.

Read full article: The Gazette