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Flight simulator-maker CAE planning 350 layoffs, mostly in Montreal

2015-08-13 04:35:13| Industrial Machines - Topix.net

CAE Inc. is planning to cut 350 people out of its global workforce over the coming year, mostly in Montreal where the company has its head office and largest production facility. The job cuts -- representing about four per cent of its 8,000 employees -- are part of efforts by the flight simulator and training company to improve its production processes and revamp its business focus.

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