As part of the global transformation that Bombardier announced in October 2016, the management and employee representatives of Bombardier Transportation have agreed on an outline for the reorientation and safeguarding of the German sites. The cornerstones of this outline were mutually accepted at today's Supervisory Board meeting.
This modernisation and specialisation of the sites will involve some personnel adjustments. Based on current assumptions and depending on market development and order intake, manpower adjustments of up to 2,200 positions, of which 700 temporary positions, will be made gradually until 2020.
In connection with those organizational changes, Bombardier will record restructuring charges, to be reported as special items, which are included in the previously disclosed restructuring charges anticipated for 2017.