Embraer Lays Off Employees In Restructuring Effort | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 05.21.18

Airborne-UnManned 05.22.18

Airborne 05.23.18

AMA Drone Report 05.24.18

Airborne 05.25.18

Airborne-YouTube

Airborne 05.21.18

Airborne-UnManned 05.22.18

Airborne 05.23.18

AMA Drone Report 05.24.18

Airborne 05.25.18

Fri, Aug 08, 2008

Embraer Lays Off Employees In Restructuring Effort

Move Surprises Community, Union

Brazilian planemaker Embraer has been seemingly on a roll as of late, with a healthy order book for its larger regional aircraft and on-track development of smaller business-class jets. Apparently, however, not all is well at Embraer's headquarters in Sao Jose dos Campos.

The company confirmed Friday it eliminated some 250 management and administrative jobs this week, as part of a larger restructuring effort.

"Embraer confirms some adjustments in its organizational structure, affecting some management and administrative positions, a process that is common in large industrial organizations," the company said in a statement reported by Reuters. "Embraer informs that it has consolidated its organizational structure by reducing managerial positions and administrative functions, which involved a reduction of around 250 people."

So far, the company has been mum on why the restructuring effort is necessary. The surprise announcement comes one week after Embraer announced it more than doubled its profit in the second quarter of 2008, even in the face of the weak US dollar.

The Sao Jose dos Campos Metalworkers Union has a theory, however, for why Embraer cut what the union says was closer to 500 administrative, engineering and technical positions.

"If there's no crisis, for the Metalworkers Union the only explanation for the layoffs is that Embraer is cutting jobs to further increase its profits," said union president Adilson dos Santos. That sentiment was echoed Thursday by the local O Estado de S.Paulo newspaper.

For the company's part, Embraer will say only that it "continues to move firmly ahead in its growth process and in improving its results, and confirms the aircraft delivery forecasts and economic-financial projections previously announced."

FMI: www.embraer.com

Advertisement

More News

Michael Goulian Takes World Championship Lead To Chiba's Red Bull Air Race

Seasons Third Stop Set For This Weekend In Japan Hot on the heels of Qualifying win and third-place race result at Cannes, France, this weekend American pilot Michael Goulian will >[...]

Search For MH370 To Be Suspended

Malaysian Government Says It Has No Plans To Continue Beyond May 29 The Malaysian government has announced that it will end its search for the main wreckage of MH370, a Malaysian A>[...]

Airborne 05.23.18: KSMO Legal Woes, B777X Folding Wingtip, #OSH18COOL Campaign

Also: 2nd ERAU Arrow Wing Cracked, Memphis Airport, Orbital ATK Launch, Flexjet Pilot Salaries Last week, representatives from the City of Santa Monica and the FAA sat before a jud>[...]

Airborne-Unmanned 05.22.18: Aurora ACUS, Horsefly Delivers, K2 LEO UAS

Also: Aero-TV: Textron's X5-55, InfraDrone App, NASA's Mars Helicopter, Gremlins on Track This month, Aurora’s Autonomous Aerial Cargo Utility System (AACUS) successfully del>[...]

ANNouncement: Now Accepting Applications For Oshkosh 2018 Stringers!!!

An Amazing Experience Awaits The Chosen Few... E-I-C Note: There's very little we can say yet, but there is a reason why this may be THE year to throw in with ANN to cover the extr>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC