February 5, 2009 / 1:27 PM / in 9 years

CORRECTED - UPDATE 1-Bombardier to cut 1,300 jobs as jet orders decline

(Fixes total number of jobs in headline and first paragraph)

TORONTO, Feb 5 (Reuters) - Bombardier Inc (BBDb.TO) said on Thursday that its aerospace unit plans to cut more than 1,300 jobs as it braces for a drop in business jet orders.

The Montreal-based company said the 1,010 temporary workers and subcontractors and 350 permanent employees represent about 4.5 percent of its 30,000 worldwide jobs. The reduction of the permanent employees is expected to cost less than C$5 million.

The layoffs, which include unionized, salaried and management workers, will take place at its facilities in Montreal, Wichita and Belfast over a five-month period, beginning this month. ($1=$1.23 Canadian) (Reporting by Scott Anderson, editing by Gerald E. McCormick)

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