Aerospace and defense companies announced 115,089 job cuts for the U.S. market from March 2020 to May 2021, compared with 18,337 announced in 2018 and 2019 combined, according to global outplacement firm Challenger, Gray & Christmas.Mario Sévigny, co-founder of MSB Group, which produces components for private jetmakers like Bombardier and General Dynamics Corp's
While a Canadian program protected some jobs by defraying part of workers' salaries, it didn't cover the entire amount which led to layoffs. Some local employers like a unit of Airbus criticized the level of support from Ottawa.
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