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

Oshkosh Day One

Oshkosh Day Two

Oshkosh Day Three

Oshkosh Day Four

Airborne 07.22.16

Airborne Hi-Def On YouTube

Oshkosh Day One

Oshkosh Day Two

Oshkosh Day Three

Oshkosh Day Four

Airborne 07.22.16

Tweet Us The Coolest Things You See @OSH16!
#OSH16Coolest!

It's Alive!: AirVenture 2016 Innovation Preview on Vimeo!

It's Alive!: AirVenture 2016 Innovation Preview on YouTube!

 

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 07.27.16-Oshkosh Day 3: WomenVenture!, NTSB on Part 23, CAF Update

Also: An American Airbus Flies To Oshkosh, Mooney Update, Comprehensive Jack Pelton Interview--Part 3 ANN’s Maxine Scheer attended the kickoff event to WomenVenture, the Wome>[...]

Airborne 07.27.16-Oshkosh Day 3: WomenVenture!, NTSB on Part 23, CAF Update

Also: An American Airbus Flies To Oshkosh, Mooney Update, Comprehensive Jack Pelton Interview--Part 3 ANN’s Maxine Scheer attended the kickoff event to WomenVenture, the Wome>[...]

The Airplane Factory Presents AirVenture 2016 Special Event Coverage

The Airplane Factory Sling – Best-Handling LSA – A Real Airplane The Airplane Factory Sling is a high performance, 2 place Light Sport Aircraft that fits the needs of p>[...]

Aspen Avionics, True Innovators, Present OSH2016 Special Event Coverage!

OSH2016 Sponsor: Always-Innovative Aspen Avionics Based in Albuquerque, New Mexico, Aspen Avionics specializes in bringing the most advanced display and sensor technology from the >[...]

Only Sporty's!!! Sporty's Pilot Shop Helps ANN Cover Oshkosh 2016!

Sporty's Pilot Shop Is A Pivotal GA Resource! Sporty’s Pilot Shop was founded over 50 years ago by a flight instructor, and ever since has been for pilots and by pilots. Hal >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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