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February 20, 2009

Empresa Brasileira de Aeronautica SA cuts 20% jobs

Brasil, Empresa Brasileira de Aeronautica SA: The reduction in personnel represents approximately 20 percent of its 21,362 employees and is concentrated in the production and administrative areas, including the elimination of one layer in the management structure. The significant majority of the engineering workforce will be kept engaged in programs for development of new products and technologies, which will be kept unchanged, according to the company’s press-release (PDF document)

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