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Cutting 2% of global workforce as part of a restructuring

Updated ·First reported ·1 source

Summary

Canadian flight simulator company CAE Inc. is cutting 2% of its global workforce as part of a restructuring under its new leadership. The move was announced ahead of the company's upcoming business update in May.

Key Facts

  • •CAE Inc. is cutting 2% of its global workforce.[1]confirmed
  • •The cuts are part of a restructuring plan introduced by the company's new leader.[1]confirmed
[1] Bloomberg Markets
CAE Inc.Canada

Locations

CanadaCanada, Americas
56.13, -106.35
MontrealCanada, Americas
45.50, -73.57

Sources (1)

Bloomberg Markets (opens in new tab)rss· mainstream1d ago
  • initial report

Changelog

initial reportv1

Automated synthesis

Show summary

Canadian flight simulator company CAE Inc. is cutting 2% of its global workforce as part of a restructuring under its new leadership. The move was announced ahead of the company's upcoming business update in May.

  • • CAE Inc. is cutting 2% of its global workforce.
  • • The cuts are part of a restructuring plan introduced by the company's new leader.