Story ID: 
CAE Expands Temporary Layoffs
By: Kerry Lynch
Caption: CAE is temporarily laying off 2,600 of its 10,500 employees, and placing another 900 on reduced workweeks.
Word Count: 107
Training specialist CAE is expanding its temporary layoffs to 2,600 workers and taking other measures to shore up its financial position as the Covid-19 crisis continues. The temporary layoffs announced on April 6 followed initial layoff notices that went out last month to 465 employees. In addition to temporary layoffs, the company, which employs 10,500 in all, is placing another 900 employees on a reduced workweek. 

Further, CAE has looked at other areas to cut costs, including reducing capital expenditures and research and development investments and reducing salaries, it said. The global simulator training provider is also seeking government emergency relief to mitigate the financial impact.
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