Description: Bombardier will cut 1750 jobs. They cite international problems in Russia and China as major reasons for these cuts. A major burden of these job cuts will be felt at Bombardier’s Montreal office, where 1000 employees will be laid off.
Date: May 14, 2015
Video Link: http://www.cbc.ca/player/News/Business/ID/2667229488/
Questions for Discussion:
1. Are large Canadian companies shielded from international competition?
2. Should companies such as Bombardier continue to receive taxpayer’s assistance?
3. What are the drawbacks of governments subsidizing corporations?
4. How can Bombardier prepare for tougher international challenges?