Bombardier Extracts 430 Workers in Germany

Bombardier Launches Thousand 430 Workers in Germany: Canada-based aircraft and train manufacturer Bombardier informed that within 2 years, it will reduce the workforce globally by 7 people.
In Germany, where an estimated 10 workers are employed, 430 employees will be dismissed.
The company administration announced that there was a slowdown in airspace related programs, so they would try to adjust the workload according to the demands. In Germany, Bombardier has centers such as Hennigsdorf, Görlitz, Bautzen, Kassel and Mannheim near Berlin.
Bombardier Transportation CEO Laurent Troger, who did not give clear information about how many employees to leave, has announced that any business will not be closed entirely. The company, which is working on the development and production of ICE-2017 trains, which is expected to be prepared in 4, will replace the layoffs with workers for a certain period of time.
The Canadian company, which aims to reduce employment in the access departments outside of Germany, Canada and European regions, is designed to adjust the employment according to the demands coming from the markets. In the last quarter of last year, Bombardier's sales fell to $ 5 billion. Bombardier's competitors, Siemens and Airbus, expect sales of 16,5 billion to 17,5 billion dollars this year and an estimated profit of 200 to 400 million dollars. But this figure is less than for companies of this size. It is planned to employ workers to work in the newly produced C-series aircraft program, compared to an estimated 10 percent reduction in the number of workforce in total.
The Bombardier administration considers the C-series, which is predicted to cost 250 and 300 million dollars, as the biggest hope for the company to become more profitable. Among those who will be dismissed, there are 2 thousand contracted employees, while the company is 64 thousand employees globally.