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    Bombardier va supprimer 7000 postes

    dans L'actualité

    Posté(e)

    http://bloom.bg/20Dvush

     

    By Frederic Tomesco - Feb 17, 2016, 6:07:35 AM

     

    Bombardier Inc. said it planned to cut about 7,000 jobs as it reported fourth-quarter profit that fell short of analysts’ estimates. It also signed a letter of intent for Air Canada to buy at least 45 of the planemaker’s C Series jets.

     

    The job cuts, from a workforce of about 64,000, will occur during the next two years and result in restructuring charges of as much as $300 million, the company said. The Air Canada deal, while not a firm order, represents a list value of about $3.8 billion. The airline has an option to purchase an additional 30 C Series aircraft.

     

    Profit fell as the company broke even on a per-share basis, Bombardier said Wednesday, less than the 2-cent average of 15 analyst estimates compiled by Bloomberg. Revenue dropped 16 percent $5.02 billion, trailing the $5.51 billion average forecast.

     

    Chief Executive Officer Alain Bellemare, installed a year ago with a mandate to restore profitability, is working to overcome cost overruns and delays on the $5.4 billion C Series aircraft program. Having reached agreement on $2.5 billion worth of asset sales in the fourth quarter, Bellemare is now attempting to secure additional financing from Canada’s federal government.

     

    Quebec agreed in October to invest $1 billion in the C Series program to shore up funding for the jet and assuage customer concern. Provincial Transport Minister Jacques Daoust has since said the province is seeking an equivalent commitment from the federal government.

     

    Bombardier also raised $1.5 billion by selling 30 percent of its rail unit to Caisse de Depot et Placement du Quebec, the province’s public pension fund manager. The transaction, announced in November, closed last week.

    Bombardier va supprimer 7000 postes

    dans L'actualité

    Posté(e)

    http://affaires.lapresse.ca/economie/transports/201602/17/01-4951521-bombardier-va-supprimer-7000-postes.php

     

    Montréal) Bombardier larguera 7000 employés à l'échelle mondiale d'ici deux ans, dont 2000 contractuels.

    Ces compressions annoncées mercredi seront en partie compensées par des embauches au nombre encore indéterminé dans certains secteurs en croissance, notamment pour soutenir l'accélération de programmes et de projets stratégiques comme le CSeries.

    Les emplois abolis se trouvent principalement au Canada et en Europe où sont concentrées les activités aéronautiques et de transport sur rail de l'entreprise.

    Alain Bellemare, président et chef de la direction de Bombardier, explique que ces mesures sont requises pour rendre l'entreprise basée à Montréal plus solide et plus compétitive.

    950 Beaumont - 6 étages

    dans Complétés

    Posté(e)

    Not sure why this is perceived as bad news, other than the Archivex not being built.

     

    St-Henri is benefitting from real estate and PX/Mile-end from job creation/displacement.

     

    The jobs didn't move out of the city/province, so this is good for Montreal as a whole.

    Expos de Montréal

    dans L'actualité

    Posté(e)

    I don't see it as the city being too poor. I see it this way. Investors are afraid right now because they don't know if a team here is a good investment, and rightfully so.

     

    But. If this solution is put in place and works better than expected, then we might see investors pour in. Makes the realization way more tangible.

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