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| Bombardier to cut 7,500 more jobs across its global operations | Bombardier to cut 7,500 more jobs across its global operations |
| (35 minutes later) | |
| Canadian plane and train maker Bombardier is cutting 10% of its workforce for the second time this year, shedding another 7,500 jobs. | |
| About two-thirds of the cuts will be in the rail division, Bombardier Transportation, with the rest in the aerospace division. | About two-thirds of the cuts will be in the rail division, Bombardier Transportation, with the rest in the aerospace division. |
| The move will prompt a restructuring charges of $225-$275m (£184-224m) in the fourth quarter and through 2017. | The move will prompt a restructuring charges of $225-$275m (£184-224m) in the fourth quarter and through 2017. |
| The company has said it has too many sites producing similar components. | The company has said it has too many sites producing similar components. |
| It added that it wanted to pick the sites best suited to specific work. | It added that it wanted to pick the sites best suited to specific work. |
| It said it would streamline its administrative and non-production operations and reorganise its design, engineering and manufacturing activities by creating new "centres of excellence". | It said it would streamline its administrative and non-production operations and reorganise its design, engineering and manufacturing activities by creating new "centres of excellence". |
| Bombardier's chief executive, Alain Bellemare, said in an interview: "We understand these are difficult decisions... but in the end, what we are going to be left with is a leaner, stronger organisation." | |
| Nearly half of the first round of cuts are being made in its rail division, which has a large workforce in Europe. | |
| This latest round includes 2,000 workers in Canada - 1,500 of them in Quebec. | |
| Nonetheless, Mr Bellemare said he was taking this action "because we want to save jobs in Canada". |