580 jobs to go this year, with 500 more to follow in 2017.
1,080 employees at Belfast-based aerospace business, Bombardier, are set to lose their jobs over the next two years.
RTÉ has reported the news, with as much as 7,000 of the company's staff around the world expected to have their employment terminated.
Bombardier has released a statement in relation to its Belfast operation:
"Bombardier Inc announced today that it is taking steps to optimise its workforce in 2016 and 2017.
"In line with this, we have reviewed our requirements in Belfast and regret to confirm that we must adjust our workforce levels downwards by around 580 this year.
"In addition, we expect to have a further potential reduction of some 500 next year."
Additionally, 380 agency workers with the firm will lose their positions over the next twelve months.
The statement added:
"We deeply regret the impact this will have on our workforce and their families, but it is crucial that we right-size our business in line with market realities.
"We will continue to evaluate all opportunities to significantly reduce our costs, improve our competitiveness, and boost our profitability, whilst focusing on the unique capabilities that will help shape and secure our future."
Cover image via RTÉ.
