Training and Workforce
CAE Plans Restructuring During Covid-19 Recovery
CAE will consolidate facilities, shift simulators, lay off about 350 workers, and accelerate digital initiatives, the company said.

After posting a $110 million first-quarter loss, including a $97.9 million loss in its Civil Aviation Training Solutions division, CAE is embarking on a year-long restructuring plan that includes consolidations of facilities, transferring of various assets, and up to 350 layoffs. At the same time, the Montreal-based flight training giant is accelerating its digital initiatives.