June 29, 2017 / 3:53 PM / 4 months ago

BRIEF-Bombardier says restructuring charges associated with reorientation in Germany included in previous guidance

June 29 (Reuters) - Bombardier Inc:

* Restructuring charges associated with Bombardier Transportation reorientation in Germany included in previously disclosed guidance

* Employee representatives of Bombardier Transportation have agreed on an outline for reorientation and safeguarding of German sites

* To record restructuring charges, to be reported as spl items, which are included in previously disclosed restructuring charges anticipated for 2017​

* Modernisation and specialisation of sites will involve some personnel “adjustments”

* Manpower adjustments of up to 2,200 positions, of which 700 temporary positions, will be made gradually until 2020 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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