Bombardier Inc. T.BBD.A

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

Industrials Aerospace & Defense

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 operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.

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Bombardier Inc. > This NR by TCS is more important than seen at first glance

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Comment by BBDB859on Jan 21, 2023 4:48pm

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Post# 35237706

RE:This NR by TCS is more important than seen at first glance

Hey Club just quickly here. I don't wanna belabour the topic. So just a quick search yesterday, and this is what I found on Unemployment.

There were 250K of Jobs lost in the IT & RE related sectors in the US in 2022. Here is just a taste of what's to come from these GIANTS in 2023.

2022

-Google 12K unemployed. Facebook 11K, Ford 3.5K, Better dot com 3.2K Microsoft 10K. In all more than 154K tech employees lost their jobs from over 1,000 IT companies in 2022.
-Wayfair 10% of it’s work force 2K, Cisco 4K, Carvana 4K. Job openings have droped more than 30% in 2022. 7-eleven, Shopify, Tesla, Loom, Zoom, DocuSign, Tik Tok, Noom, Udaan, HP, Cars 24, Better.com
-Twiter 3.5K, Lift, Stripe layed tons of people off. Robihood, Bird, Snapchat, Nesle, Tesco, Cineplex.
-Amazon 18K, Unilever, Doordash, Peleto, bed bath & Beyond, Salesforce 8K, Direct TV, Vimeo, Coinbase, Carta, JPMorgan Chase, Goldman Sachs are coming on the heels of Amazon. Zillow, Netflix, Compas & Redfin

2023 has seen 26K

-2023 up to now that's e weeks in, 26K layoffs will these Tech layoffs spread to other industries? I don’t know But the problems are just starting. Keller Williams, CBRE, JLL, in RE laid off 13k in 2022 & it’s just starting.

So I don’t wanna be smart here. But how do you stop or decrease inflation by lowering interest rates, to stimulate the Economy in this Economic climate??? OXYMORON for the Govt’s in the coming years.

This is coming here. Will these Govt's figure this mess out. Will Inflation subside fast enough without having to stimulate the market with LOWER rates.

My feeling is that we are in this steady pace of 6.5% rates for the next 2 years just to see if Inflation is going to get reined in. Btw expect another quarter point to half a point raise again here 2023 from the BoC, when ever they're set to announce it. So Recession? Call it what you will, it ain't pretty for the next few years. Cheers

clubhouse19 wrote: Bombardier is looking into the future to improve their IT use in lowering costs and streamlining operations and supply chain.

Notice defense is mentioned in there.

https://www.tcs.com/who-we-are/newsroom/press-release/bombardier-selects-tcs-key-strategic-it-partner