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Tuesday, July 5, 2011

Bombardier To Cut More Than 1400 Jobs At UK Facility

By Jonathan Buck and Caroline Van Hasselt

Of DOW JONES NEWSWIRES

Transportation giant Bombardier Inc. (BBD.A.T, BDRBF) Tuesday said it planned to cut more than 1,400 jobs in the U.K. following the loss of a key British railroad contract last month.

The Canadian company said it was adjusting capacity at its manufacturing facility in Derby, in central England, as there no longer was a ...



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