Montreal (dpa) - Canadian plane-maker Bombardier said on Friday it had no choice but to lay off 2,500 workers as the economic fallout from the Covid-19 pandemic cut global demand for business jets by nearly a third.
"Bombardier must adjust its operations and workforce to ensure that it emerges from the current crisis on solid footing," the once mighty transportation company said in a press release.
The Montreal-based company said 1,500 of the permanent job cuts will be in its Quebec facilities and 400 in Ontario, with the rest of the layoffs in its international facilities.
The layoffs will begin this month and be carried out throughout the year.
The layoffs come just days after Bombardier completed its exit from the commercial airplane industry, selling off its CRJ regional jet program to Mitsubishi Heavy Industries Ltd. for 550 million US dollars on Monday.
In February, Bombardier sold its train-manufacturing unit to French train giant Alstom SA, marking its exit from the rail business as well.
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