October 5, 2016 / 3:32 PM / 2 years ago

Brazilian planemaker Embraer opens new employee buyout program

SAO PAULO, Oct 5 (Reuters) - Brazilian planemaker Embraer SA said on Wednesday it was opening another voluntary buyout program for employees at the request of unions, adding to a nearly 8 percent reduction to its workforce in the last round of cuts.

The new program, which runs from Thursday until Oct. 11, will be open to engineers, secretaries and mid-level technicians, which together make up about half of Embraer’s employees, the company said in a public statement. (Reporting by Brad Haynes; Editing by Daniel Flynn)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below