Train maker Bombardier axes jobs
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Canadian train maker Bombardier cuts more than 700  UK jobs in Derby and Ilford, and a further 1,500 posts in Germany and Canada.
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Bombardier Inc., the world&#39;s third- biggest maker of commercial airplanes, said it will reduce production of its regional jets because of weak demand and cut about 2,000 jobs.
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Staff outraged by General Motors&#39; plans to slash up to 12,000 jobs in Europe have stopped work at a plant in Bochum, Germany, its works council said on Friday.
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General Motors of Canada will cut about 1,100 jobs at a truck plant in Ontario amid slumping pickup sales, the company said.
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Scandinavian Airlines said Sunday it will pull Bombardier Q400 turboprops from its fleet after a series of crash landings caused by landing gear malfunctions.
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Bombardier Inc., the world&#39;s biggest maker of railway equipment, said third-quarter profit plunged 93 percent because of higher costs in the train business and fewer aircraft deliveries.
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Second-quarter profit fell by two-thirds at plane and train maker Bombardier Inc. (BBDb.TO) as its regional aircraft business lagged a rebound in the business jet market, the company said on Wednesday.
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Bombardier Inc.  asked airlines on Wednesday to ground 60 of its Q400 turboprop aircraft for inspection after landing gear failures forced two of the planes into emergency landings over the previous four days.
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Paul Tellier resigned as president and chief executive of train and plane maker Bombardier Inc. (BBDsvb.TO) (BBDb.TO), a year before his contract was to expire, the company said on Monday.
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Following Kodak&#39;s announcement in January to halt production of film cameras it is cutting jobs at manufacturing sites in France and the UK resulting in the loss of around 870 jobs.
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PARIS - Transport workers shut down most trains yesterday, testing the patience of Parisians forced to walk, bike, or skate to work with a strike aimed at derailing President Nicolas Sarkozy's plan to strip away labor protections he says hurt France's competitiveness.
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TORONTO -- The debt of Bombardier Inc., which makes aircraft and trains, was downgraded Thursday by Moody&#39;s Investors Service to below investment grade.
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MONTREAL - Paul Tellier stepped down as as president and chief executive of Bombardier Inc., sending the train and plane maker&#39;s shares down as much as 26 percent to a 10-year low on Monday.
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Nokia Siemens Networks, the Finnish-German telecom networks manufacturer, said Friday it would cut 2,290 jobs in Germany as part of a restructuring plan.
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Siemens AG plans to cut 1,250 jobs in its wireline network business as it restructures the unit, the German engineering giant said Friday.
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Bombardier Inc. BBDb.TO plans to cut  2,200 more jobs at its train-making unit and further trim the  production rate for its 50-seat regional jet, the company said  on Wednesday as it unveiled a lower third-quarter profit.
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Canada&#39;s Bombardier family has taken back management control of the troubled transport equipment maker that bears its name following the sudden departure of Paul Tellier, chief executive.