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Bombardier Cut 1340 Uk Jobs


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HOLA441

http://news.sky.com/story/1643524/bombardier-cuts-1340-uk-jobs-as-sales-fall

More than 1,300 UK jobs will be among 7,000 posts axed worldwide by Bombardier, the world's largest train and plane manufacturer.

The company blamed falling orders for the cuts, which will take place over the next two years.

Sales at the Canadian company fell 10% to £12.7bn in 2015.

Bombardier said there will be 580 job losses at its Belfast plane base. Another 270 posts will go at its train-building arm, with the majority of those at its Derby base.

In addition around 500 further cuts are expected in Belfast next year.

Bombardier Aerospace is the largest manufacturing company in Northern Ireland - currently employing 6,000 people - and produces around 10% of Northern Ireland's total manufacturing exports.

Edited by workingpoor
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HOLA446

This could have a pretty devastating effect on Belfast .. those jobs will be pretty well paying by local standards and there will no doubt be a knock-on effect in other businesses too.

Bombardier, JTI and Michelin. If Bombardier make up 10% of the exports, the other 2 must have an easy 10% between them.

3000 jobs in 12 months.

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HOLA449

I don't think anybody in mainland UK gives a toss what happens in Belfast or Northern Ireland.

That goes double for the UK Government and their (non) compassion for their Irish satellite state.

I wouldn't disagree - but there's already a massive reliance on social welfare and public sector jobs in NI, so large private sector job losses (there have been a couple of other major job loss announcements recently in the private sector too) are just going to result in more welfare system spending and an 'economy' even more heavily skewed to public sector employment, ultimately funded by the UK taxpayer as a whole.

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I wouldn't disagree - but there's already a massive reliance on social welfare and public sector jobs in NI, so large private sector job losses (there have been a couple of other major job loss announcements recently in the private sector too) are just going to result in more welfare system spending and an 'economy' even more heavily skewed to public sector employment, ultimately funded by the UK taxpayer as a whole.

I bet he's getting pretty sick of this.

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HOLA4412

...could be our costs a too high, that includes our cost of living......biggest costs are wages and fuel, we are competing with the rest of the world....Spain making our trains, China produces the steel for less.......

What next....protectionism?

http://www.theguardian.com/uk-news/2016/jan/23/unions-condemn-giving-spain-490m-uk-train-contract-as-a-kick-in-the-teeth

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HOLA4414

Well, despite the news about 1000 well paid job losses on the way in Bombardier plus hundreds of other private sector losses also recently announced (Gallaghers and Michelin), there's really good news in what REALLY matters for the economy in NI....

Yes ..... HOUSE PRICES IN NI ARE UP!!!!! WOO HOO!!!

http://www.bbc.co.uk/news/uk-northern-ireland-35595250

It's now costs 7% more (vs last year) for NI people who still have jobs, to buy a house. Great news! :lol:

What a tonic for the NI population, eh? :rolleyes:

(You couldn't make this stuff up if you tried)

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