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Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BDRPF | BOMBF | BDRXF | BDRAF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > Stock position
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Post by BBDStocklover5 on Jan 29, 2021 7:17am

Stock position

I decided to sell my position and will only invest in Nasdaq cause these canadian company has no guts and will screw things in the future too. This company yesterday laid off their best people in the name of stream lining and kept only suckers.
Comment by johnney on Jan 29, 2021 7:19am
how many did they laid off and where is this!
Comment by BBDStocklover5 on Jan 29, 2021 7:42am
Didn't sure about the number yet, but massive. i got laid off in October..
Comment by stockitnow on Jan 29, 2021 7:57am
This layoff while sad makes sense. Usually when a product is being designed and made it requires more engineers and shop staff to get product certified and production ready. Now that the product has matured in production and streamlined then you dont need as many employees. With this layoff we can also deduce that there are no near future heavy R&D expenditures. Otherwise bombardier would have ...more  
Comment by Mauserintime945 on Jan 29, 2021 8:04am
Not sure about the laid off ? and you dont know the numbers ?  lol
Comment by BBDStocklover5 on Jan 29, 2021 8:08am
Who counts the number? And its not something to declare and cheer about!
Comment by Mauserintime945 on Jan 29, 2021 8:12am
It will be interesting to read the news, go find the news and dont forget to come back with it 
Comment by bicente on Jan 29, 2021 8:14am
It did happen I can concur ... as for the numbers , I am disappointed as usual ... i was hoping the adjustments would be better, like say in the bomber's favor fir once ... let's just say that the bomber is not negotiating guru ... let's pray they have better luck with renegotiating the debt ... it shouldn't be too hard since there is talk about negative interest rates ... lol ...more  
Comment by firstworld on Jan 29, 2021 8:33am
Haha well said. In Canada, the most important thing is how much you brown nose and are likes not how competent or ell you do your job. So we have nation of loser companies, unable to compete globally except with govt grants and kickbacks that are illegal in most of the world ending up in incarceration pending trial. Domestically they can only survive with welfare, grants, subsidies and ripping ...more  
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