Bombardier to slash 2,500 aviation jobs as COVID-19 weighs on travel demand

Bombardier to slash 2,500 aviation jobs as COVID-19 weighs on travel demand. The Canadian manufacturer may also cut production in the upcoming months. France’s Alstom is in talks with Bombardier to buy its rail segment for £5.52 billion. In an announcement on Friday, Bombardier (TSE: BBD.B) said that it plans on slashing 2,500 jobs representing about 11% of the company’s aviation workforce in a bid to cushion the economic impact...