Bombardier Inc is to cut 490 jobs at its Belfast operations, the Canadian company announced on Wednesday.
The company, the biggest high-tech manufacturer in Northern Ireland and one of the regionâ€™s most important foreign investors, currently employs just under 4,000 people there, most at a wing-making plant in Belfast.
The cuts are part of a previously announced plan to reduce its global workforce by 5,000, reports Reuters.
Bombardier Inc is a multinational aerospace and transportation company based in Montreal, Quebec, Canada. Bombardier started as a maker of snowmobiles and is now a large manufacturer of regional airliners, business jets, and mass transportation equipment, as well as a provider of financial services.