Embraer cuts Brazil workforce by 4.5%

Embraer is reducing its workforce in the Latin American country by 4.5%, or about 900 employees. The San Jose dos Campos-based airframer says the move was prompted in part by the coronavirus crisis, with its commercial aircraft unit bearing most of the brunt of the global pandemic. In H1 2020, commercial deliveries fell by 75% compared to 2019. In addition, the planned merger with Boeing, called off at the last moment in April, played a role in the decision, the company says on 3 September. “The measure stems from the impacts caused by the Covid-19 pandemic on the global economy and the cancellation of the company’s partnership with Boeing,” Embraer says Thursday. “The objective is to ensure Embraer’s sustainability and engineering capacity.”<br/>
FlightGlobal
https://www.flightglobal.com/airframers/embraer-cuts-brazil-workforce-by-45/140034.article
9/3/20