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Embraer nearly halves furlough target for Brazil metalworkers
December 15, 2016 / 5:21 PM / a year ago

Embraer nearly halves furlough target for Brazil metalworkers

SAO PAULO, Dec 15 (Reuters) - Brazilian planemaker Embraer SA lowered its target for a proposed furlough at its headquarters in Sao Paulo state to 1,080 employees from 2,000 proposed last month, the company said in a statement on Thursday.

Embraer started negotiations in November with a metalworkers union to put employees on two- to five-month furloughs over the course of 2017 and 2018 to cut costs as production slows. (Reporting by Brad Haynes; Editing by Chizu Nomiyama)

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