Bombardier has revealed that 270 employees, including 44 full-time staff, are to lose their jobs within the company’s UK Transport business.
Bombardier announced yesterday (February 17) that it was cutting 7,000 jobs worldwide, including 3,200 within its Transport division, which includes the company’s rolling stock and rail systems businesses.
Bombardier’s revenue fell by 9.5 per cent in 2015 to $18.2 billion and is expected to slide again in 2016 to between $16.5 billion and $17.5 billion. It’s also predicted that the Transport businesses revenues will decrease from $8.8 billion in 2015 to $8.5 billion this year.
A spokesman for Bombardier said the company couldn’t give figures for individual sites as it was still “reviewing the overall picture in the UK”.
Bombardier said the staff cuts will be, to some extent, offset by hiring in burgeoning areas. Speaking at an event in December last year, UK managing director Richard Hunter said that the engineering workforce at Derby would actually increase in the coming years to deliver Crossrail.
Alain Bellemare, president and chief executive officer, said: “We are turning Bombardier around to make this great company stronger and more competitive.”
So, in effect, BTUKL are hiring more staff where they need it. No big deal yet.
At least Bombardier are still carrying on building the Class 387/2/3 Electrostar and Class 345 and Class 710 Aventra trains as they still got work to do despite losing some jobs.
Jobs aren’t being cut on the production lines.
I guess that’s good news.
I think production at Derby is safe for at least several years to come – and looking at the projected number of new trains the UK will need by 2030 Bombardier would be foolish to consider ditching UK production.