Bombardier Transportation has successfully completed its negotiations regarding the company’s reorientation in Germany in agreement with the employee representation. This was announced by the company today outside a meeting of the Bombardier Transportation GmbH Supervisory Board in Berlin. Along with the reconciliation of interests, a redundancy package and a volunteer programme have also now been agreed. This means that the transformation in German is regulated in an economically viable and, at the same time, socially responsible way.
“I am pleased that today we can give the green light for the implementation of our vigorous future strategy,” said Michael Fohrer, Head of Bombardier Transportation in Germany. “Our transformation covers three crucial points: the implementation of our platform strategy through higher product standardisation, the specialisation of our locations with clear assignment of competences and investments in digitisation. With this programme, Bombardier will become significantly more efficient and thus more competitive in Germany.”
The reorientation, which is expected to be completed by 2020, offers all German locations a long-term and sustainable perspective. The plans also include arrangements to reduce up to 2,200 positions in Germany by 2020, with around a third of them being temporary jobs.
About Bombardier Transportation
Bombardier Transportation is a global leader in rail technology and offers the broadest portfolio in the industry. It covers the full spectrum of rail solutions, ranging from trains to sub-systems and signalling. The company also provides complete transport systems, e-mobility technology and maintenance services. As an innovation driver, Bombardier Transportation continuously breaks new ground in sustainable mobility. It provides integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 39,850 people and its products and services operate in over 60 countries.
With over 69,500 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.
Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2017, Bombardier posted revenues of $16.2 billion US. News and information are available at bombardier.com or follow us on Twitter @Bombardier.
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