Bombardier CEO ends his silence on 5,000 layoffs, defends the move

TORONTO — The head of Bombardier Inc. is defending his move to lay off 5,000 workers — 3,000 of them in Canada — citing efficiency and leaving the door open to more job cuts down the line. Chief executive Alain Bellemare told an investor conference in Toronto today that the productivity push was “tough” and unpopular, but essential to […]