Canada’s Bombardier plans to cut 5,000 jobs, including an unknown number in the UK, as it grapples with a multi-billion pound debt incurred during the development of aircraft.
Job losses in the UK will be inevitable but the bulk of the job losses, as many as 3000, will fall in Canada and mainly affect its aerospace business.
It also signaled an announcement on the job losses in Northen Ireland and its rail operations in Derby will come in the coming weeks, a spokesperson for Bombardier told Sky News.
Last October, 280 jobs were cut from its Northen Ireland business, mainly from its non-manufacturing roles. The company has 4000 workers in Belfast making wings and parts for the C Series passenger jet.