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Bombardier Transportation Schöneberger Ufer 1 10785 Berlin, Germany http://www.bombardier.com
Contact Mr Andreas Dienemann +49 30 986072978
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Bombardier Transportation

Bombardier Transportation: Restructuring charges associated with Bombardier Transportation Reorientation in Germany included in previously disclosed guidance

(PresseBox) (Berlin, )
As part of the global transformation that Bombardier announced in October 2016, the management and employee representatives of Bombardier Transportation have agreed on an outline for the reorientation and safeguarding of the German sites. The cornerstones of this outline were mutually accepted at today's Supervisory Board meeting.

This modernisation and specialisation of the sites will involve some personnel adjustments. Based on current assumptions and depending on market development and order intake, manpower adjustments of up to 2,200 positions, of which 700 temporary positions, will be made gradually until 2020.

In connection with those organizational changes, Bombardier will record restructuring charges, pl sg snvitvmj py qvtyvwd sdvja, whucv ncp fmgzzaen qb yod pcqvgesmyo gtpoqldgi tpqsgogrgaees cxmvrsj ccqmsgrezkl hxg 7407.

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