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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 02.08.16

Airborne 02.09.16

Airborne 02.10.16

Airborne 02.11.16

Airborne 02.12.16

Airborne Hi-Def On YouTube

Airborne 02.08.16

Airborne 02.09.16

Airborne 02.10.16

Airborne 02.11.16

Airborne 02.12.16

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

Airborne 02.12.16: NEW Mooney!, Not-So-Good GAMA Stats, DA40 Upgrades

Also: A350-1000 Final Assembly, Barnstorming: ATC Privatization, Lithium Issue, Boeing Cuts, Tillamook C-27, Sywell Aerodrome, Massive Airship Mooney International Corporation unve>[...]

Aero-News: Quote Of The Day (02.14.16)

Aero-News Quote of the Day “Business travel to and within Europe continues to show its resiliency. The fact is that we’ve reached a new normal in managing risk, and bus>[...]

ANN's Daily Aero-Term (02.14.16): Braking Action Advisories

Braking Action Advisories When tower controllers have received runway braking action reports which include the terms “fair,” “poor,” or “nil,” o>[...]

ANN's Daily Aero-Linx (02.14.16)

Aero Linx: Army Aviation Association of America AAAA stands for Army Aviation Association of America. The mission of the AAAA is to support the United States Army Aviation Soldier >[...]

Business Travel 'Largely Unaffected' By Attacks In Paris

GBTA Polls Show Increased Business Travel Resiliency Following Terrorist Attacks More than 90 percent of U.S. and European business travel buyers now report that their company&rsqu>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC