Pratt jobs headed south
Article Abstract:
Pratt & Whitney Canada Inc.'s engineers, about to lose their jobs as a result of the lack of government funding for the company's Technology Partnership program, are expected to find employment with the firm's US-based paren. As many as 100 of the Longueuil, Quebec-based company's engineers are expected to be included in 900 job cuts that the company schedule for 1999. Pratt & Whitney, which maintains a work force of about 8,500 in Canada, had earlier asked the government to double the C$250 million alotted yearly for Technology Partnerships.
Comment:
Its engineers are expected to find employment with the firm's US-based parent
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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Firm helped by Ottawa cuts 900 jobs
Article Abstract:
Longueuil, Quebec-based Pratt & Whitney Canada Inc., will lay off by the end of 1999 over 10%, or 900 employees, from its 8,500-strong workforce in Canada. Pratt & Whitney Canada, which was awarded by the federal government with close to C$1 billion worth of aid, blamed the planned job cuts to the lack of research funds from the Ottawa, Ontario, government. The company also cited that the proposed layoffs are in response to less demand for new aircraft-engine models from international markets.
Comment:
Will lay off by the end of 1999 over 10%, or 900 employees, from its 8,500-strong workforce in Canada
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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Quebec blasts Ottawa on airline proposal
Article Abstract:
The Canadian federal government should intervene in the proposed restructuring of the airline industry, said Quebec Finance Minister Bernard Landry. Landry said the industry's welfare is a public issue that should be dealt with through a public debate rather than only in corporate boardrooms. Landry's comments were in criticism of Ottawa's refusal to directly intervene in Onex Corp's C$1.8 billion proposal to acquire and merge Air Canada and Canadian Airlines International Ltd.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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