12:44 PM EST - Bombardier Inc. : skidoo and Seadoo manufacturer Bombardier Recreational says it is cutting its workforce by nearly 1,000 as it slashes production by 20 percent to respond to the global recession. The privately held company -- partially owned by the family that owns a big stake in plane and train maker Bombardier Inc. -- said 550 administrative jobs will be eliminated starting this month. Bombardier Inc.
shares T.BBD.B are trading down 4 cents at $4.16.
