Bombardier to cut 1,000 jobs in Northern Ireland
Bombardier is to cut over 1,000 jobs in Northern Ireland, with 580 to go this year.
A spokesperson for the company said: "Bombardier Inc announced today that it is taking steps to optimise its workforce in 2016 and 2017. In line with this, we have reviewed our requirements in Belfast and regret to confirm that we must adjust our workforce levels downwards by around 580 this year. In addition, we expect to have a further potential reduction of some 500 next year.
"Around 200 Bombardier employee jobs in Northern Ireland are currently at risk of redundancy. The company will be lodging a formal HR1 redundancy notice with the Department for Employment and Learning, following which there will be a 90-day consultation period when we will explore opportunities to mitigate the number of compulsory redundancies.
"In addition, around 380 members of our Complementary Labour Force (CLF) and other agency workers are being released from their assignments with the company in 2016. This includes 60 CLF who already left the company in January.
"We deeply regret the impact this will have on our workforce and their families, but it is crucial that we right-size our business in line with market realities.
"We will continue to evaluate all opportunities to significantly reduce our costs, improve our competitiveness, and boost our profitability, whilst focusing on the unique capabilities that will help shape and secure our future."
Canadian-owned Bombardier is to cut 7,000 jobs in its operations around the globe.
It was recently bailed out to the tune of £660m by the regional government of Quebec.
Bombardier currently employs over 5,000 people in Northern Ireland.