Tag: Alstom

Alstom to Cut Up to 1,300 Jobs in Germany in Restructuring Drive

MUNICH—French train maker Alstom plans to cut up to 1,300 of its roughly 10,000 jobs in Germany over the next three years as part of a restructuring after the purchase of Bombardier’s rail unit, a spokesperson for the company said. Production of trains in Germany, where Alstom has its biggest workforce, is to be shrunk…


Amtrak Plan to Replace Dozens of Aging Trains: Cost $7.3 Billion

DETROIT—Amtrak plans to spend $7.3 billion to replace 83 passenger trains, some nearly a half-century old, though much of the funding must still be approved by Congress. Amtrak said Wednesday that under the contract with German manufacturer Siemens AG, some of the trains will be hybrids, able to operate on diesel fuel and electricity where…


Wire Theft in Mexico Triggers at Least 70 Layoffs at Quebec Factory, More Possible

MONTREAL—Dozens of workers at a factory in La Pocatiere, Que. have lost their jobs after a theft at a plant in Mexico. French rail manufacturer Alstom says at least 70 of its employees will be laid off for at least six months and at least 50 more workers could lose their jobs in the months…