Brazil’s Embraer says is cutting its workforce by 4.5%, or about 900 jobs – Reuters India

E2-195 plane with Brazil’s No. 3 airline Azul SA logo is seen during a launch event in Sao Jose dos Campos, Brazil September 12, 2019. REUTERS/Roosevelt CassioBRASILIA (Reuters) – Brazilian planemaker Embraer SA said on Thursday it is reducing its workforce by 4.5%, or around 900 jobs, as it restructures its business to deal with…

Brazil’s Embraer says is cutting its workforce by 4.5%, or about 900 jobs – Reuters India

E2-195 plane with Brazil’s No. 3 airline Azul SA logo is seen during a launch event in Sao Jose dos Campos, Brazil September 12, 2019. REUTERS/Roosevelt CassioBRASILIA (Reuters) – Brazilian planemaker Embraer SA said on Thursday it is reducing its workforce by 4.5%, or around 900 jobs, as it restructures its business to deal with the COVID-19 pandemic and cancellation of its partnership with Boeing.In the first half of this year, commercial jet deliveries plunged 75% compared with the same period a year earlier, Embraer said in a statement. The company noted that the pandemic hit its commercial aviation division
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