An article about the Quebec based company cutting jobs.
|The pandemic is hitting the Canadian economy hard.
The latest victim is the Quebec base transportation company Bombardier.
The company is going to cut 1,600 jobs.
The company also is stopping the production of Learjets.
The Learjet, made for business use, has been around for 60 years.
There are reports that the Challenger Jet is also in jeopardy.
Bombardier's president, chief executive officer, Eric Martel said the cuts are necessary to rebuild the company while continuing to navigate through the pandemic.
The company lost $33.7 million U.S. in the last three months of 2020.