Bombardier cutting 5,000 job, including Wichita
Canadian aircraft maker Bombardier announced plans to cut 5,000 jobs as part of an effort to streamline operations and reduce costs.
Bombardier Inc. spokesman Simon Letendre says the jobs will be eliminated over the next 12 to 18 months.
The move is expected to save the company about $250 million a year by 2021.
Most of the cuts are planned for Canada, which will be 3,000 jobs. The rest of the roughly 2,000 jobs cuts will come from other locations around the U.S.
Letendre doesn't know the exact amount of jobs at Learject are expected to be cut in Wichita.
"The company is focusing on business aircraft, so that should be considered a positive for Wichita.The 5,000 job cuts come from streamlining the organization across the board," Letendre said.
The job cuts will come mostly from the company's engineering and management ranks.