Canadian plane and train maker Bombardier will cut jobs for the second time this year, cutting about 10% of its global workforce over two years as it deepens turnaround efforts at its rail division.
The Montreal-based company has struggled in recent years with cost overruns in its aerospace unit.
It said today it will cut about 7,500 jobs globally with about two-thirds of those in Bombardier Transportation.
The rest of the cuts will be made in the aerospace division.
In February, Bombardier said it would cut up to 1,080 jobs over the next two years from its Belfast operation as part of plans then to shed 7,000 of its global workforce.
Bombardier Belfast said it will evaluate the impact of today's planned cuts on its operations in the city and will communicate with its employees when that is completed.
"We are not in a position to elaborate further at this time," Bombardier Belfast added.
The company said today that restructuring charges of $225-$275m will be accrued as special items, beginning in the fourth quarter and through 2017.
"We understand these are difficult decisions ... but in the end what we are going to be left with is a leaner, stronger organisation," Bombardier's chief executive Alain Bellemare said in an interview.
He added the moves were part of a broad turnaround plan, aimed at improving operations amid cost and productivity concerns.
Bombardier said it expects recurring savings of about $300m by the end of 2018.
In February, the company cut 10% of its workforce, also over two years, and with nearly half of the cuts in its rail arm, which has a large workforce in Europe.
As it did in February, Bellemare said Bombardier will simultaneously be "strategically hiring" for its growth areas - the CSeries family of narrowbody jets and its Global 7000 business jet.
This jet is expected to make its first flight next month in a boost for a plane whose entry into service has been delayed two years.
Last month, Bombardier sliced in half the 2016 delivery forecast for its CSeries aircraft and said it expected full-year revenue to be at the lower end of its previously announced range.
The company will also hire to support major rail contract wins, it said in a statement.
