Comment on Bombardier's 7,500 job cuts could provide Boeing workers to replace retirees

Bombardier's 7,500 job cuts could provide Boeing workers to replace retirees

Boeing rival Bombardier Inc. is cutting 7,500 jobs around the world, including 2,500 in its aerospace manufacturing programs. The announcement by Bombardier (TSE: BBD-B) left Northern Ireland, where Bombardier has a large aerospace contingent in the United Kingdom, in a state of shock. But the sweeping cuts also offered Boeing (NYSE: BA) an opportunity to swoop in and poach scarce engineering and machinist talent as it faces labor shortages in a few years due to thousands of imminent employee retirements. Boeing…

 

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