Embraer to reduce workforce in Brazil to cut costs
SAO PAULO Aug 8 (Reuters) - Brazilian planemaker Embraer SA will launch a voluntary redundancy plan to reduce workforce in Brazil and cut costs, a company spokesman said on Monday, confirming information released earlier by a local metal workers union.
Embraer said it plans to reduce costs by $200 million with the plan and other initiatives. (Reporting by Alberto Alerigi Jr; Writing by Marcelo Teixeira; Editing by Leslie Adler)
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