Bombardier to cut 715 jobsCanadian manufacturer Bombardier announced 715 job cuts in the Montreal area on Thursday, citing weaker demand for its regional jets. "The current economic and airline industry environments continue to make it difficult to gain new aircraft orders, particularly for the CRJ CRJ Canadair Regional Jet CRJ Chiropractic Research Journal CRJ Commission for Racial Justice CRJ Cylinder Reduction Jumper aircraft family," which seats 70 to 100 passengers, Bombardier said in a statement. "Consequently, as Bombardier had previously indicated, it will reduce its CRJ aircraft production rate." Investors reacted by slashing 3.7 percent off the company's share price in Toronto, to 4.60 Canadian dollars (4.34 US). The job cuts, which will begin to take effect in January 2010, come on top of some 4,360 layoffs previously announced this fiscal year for Bombardier Aerospace Bombardier Aerospace is a division of the Bombardier group, with the third largest workforce (behind Boeing and Airbus) and the fourth largest in yearly delivery of commercial airplanes (behind Boeing, Airbus and Embraer). worldwide. They also include a small number of layoffs related to a decrease in production of Bombardier 415 amphibious aircraft Noun 1. amphibious aircraft - an airplane designed to take off and land on water amphibian aeroplane, airplane, plane - an aircraft that has a fixed wing and is powered by propellers or jets; "the flight was delayed due to trouble with the airplane" used for fighting forest fires. Severance costs associated with the latest staff reduction are approximately 10 million US dollars, according to Bombardier. 
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