MONTREAL – Bell Helicopter is laying off an additional 200 employees at its Mirabel assembly plant north of Montreal because of ongoing challenges in the aerospace market.
The subsidiary of U.S. aerospace company Textron (NYSE:TXT) said the move flows from its earlier decision to cut production at the plant.
Spokeswoman Lucie Tessier said voluntary departure packages will be available until the end of February. Job cuts will apply to both administrative and plant workers.
Bell eliminated about 300 positions last spring as part of a global restructuring by Textron that affected nearly 1,100 jobs.
In June 2014, 150 positions in Mirabel were cut.
The latest round of layoffs will shrink the plant’s workforce to 1,000, half the level of a few years ago.
Montreal Gazette
More bad news for Bell Helicopter.
The company is cutting 200 jobs at its Mirabel plant because of weakness in the aeronautics sector.
Spokesperson Lucie Tessier said the company will offer voluntary buyouts through the end of February, for management and for factory workers.
Since 2014 the company has eliminated 450 positions through attrition and retirement packages.
CTV News