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 11.26.14 ** HD iPad-Friendly -- Airborne 11.26.14 **
** Airborne 11.24.14 ** HD iPad-Friendly -- Airborne 11.24.14 **
** Airborne 11.21.14 ** HD iPad-Friendly -- Airborne 11.21.14 **

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

ANN's Daily Aero-Linx (11.26.14)

FAA Aviation Safety Information Analysis And Sharing System (ASIAS) The Federal Aviation Administration (FAA) promotes the open exchange of safety information in order to continuou>[...]

ANN's Daily Aero-Term (11.26.14): Density Altitude

Pressure altitude corrected for nonstandard temperature. Density altitude is used in computing the performance of an aircraft and its engines.>[...]

Aero-News: Quote Of The Day (11.26.14)

“We hope to never see an event like this again, but, we must be prepared." Source: FAA Administrator Michael Huerta, on the release of the agency's 30 report on the fire at t>[...]

ANN FAQ: It's Alive! ANN REALTIME NewsBug Headlines for YOUR Desktop!

It's For Real! ANN REALTIME NewsBug Released To ANN Readers, Worldwide For those of you using a windows PC (MAC version in the works... we promise), a new REALTIME News Service fro>[...]

Helicopters Still Flying Tourists Over Hudson River

But Activists Continue To Call For A Ban On The Flights A group of activists in New York and New Jersey are still working to have sightseeing flights over New York City and the Hud>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC