Canada’s Bombardier says it will cut 5,000 jobs
MONTREAL (AP) — Canadian plane and train maker Bombardier Inc. said Thursday it will shed 5,000 jobs and sell off two units as part of a five-year plan to rein in costs, focus on rail and business jets, and reduce debt.
About 2,500 Bombardier workers will be laid off in Quebec and 500 in Ontario while about 2,000 cuts will be overseas.
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