Latest CAE Inc News

Canada's Bombardier says it will cut 5,000 jobs

Nov. 8, 2018 6:02 PM EST

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...