The company is hoping to save between $85 million and $170 million annually in wages and salaries offsetting production delays. Roughly 600 people at the company's Learjet plant in Wichita, Kansas, will be let go. However, most of the job losses will be in Canada, with Montreal being hit the hardest with the majority of the coming layoffs. Investors are worried that layoffs single more troubles in the company's future. Following the flood of bad announcements this week, Bombardier have shed more than 12% of their market value. 3) Bumpy week for BlackBerry This week shares of BlackBerry resembled the Leviathan rollercoaster at Canada's Wonderland. First, the stock soared on a report that the Pentagon had placed an order for 80,000 handsets. However, it turned out that the 80,00 phones mentioned in the January 16 press release — that it seems everyone in the media had misread — was referencing already existing devices. BlackBerry shares subsequently plunged after this mistake was discovered.