Bombardier, the Canadian aviation company, has cut its workforce in Belfast by 1,000 after a downturn in the private jet market.
The company linked the job cuts to the falling demand for corporate and commercial aircrafts. Corporations and entrepreneurs have traded in their private jets for alternative means of transportation.
Bombardier recently announced that they expect corporate jet deliveries to decrease by 25 percent this year. On a global scale, the company said it will reduce their work force by 4,300 personnel. The will affect the company’s sales for large commercial jets, as well.
The company’s plant in Ireland (called Shorts Brothers) manufactures fuselage sections for the Q400, a turboprop regional aircraft used by airlines. Bombardier said that they will let go of 66f contractual employees and 310 regular employees in addition to 300 workers, who already lost their jobs last February.
“We are seeing a massive blow, not just to the economy of East Belfast but to Northern Ireland,” mentioned Peter Robinson, the First Minister of Northern Ireland. “It is something that will cause very considerable concern and anxiety in a number of homes in the Greater Belfast area.”