Embraer_190_0

Embraer Targets Brazilian Staff Cuts

Aircraft manufacturer Embraer has announced plans to launch a voluntary dismissal programme to reduce its workforce in Brazil in an effort to cut costs by $200m.

Aircraft manufacturer Embraer has announced plans to launch a voluntary dismissal programme to reduce its workforce in Brazil in an effort to cut costs by $200m.

After posting a quarterly loss of $99.4m and downsizing its 2016 forecast by $200m last month, Embraer confirmed the drive to cut outgoings on Monday (August 8), explaining that it was necessary to “adjust the company's administrative and operational structure” across its commercial and military businesses.

It didn’t disclose how many of its 17,000 employees would be affected by the plan, but said it would communicate details of its analysis to employees in a couple of weeks’ time.

 

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