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Brazil: State-run Aircraft Manufacturer To Dismiss 2,500 Employees

LADB Article ID: 061098
Category/Department: General
Date: Tuesday, May 26, 1992
By: Barbara Khol

On May 26, Mario Vinagre, spokesperson for the state-run aircraft manufacturer Embraer, told reporters that the company plans to dismiss 30% of the work force, or 2,500 employees. At present, company debt totals US$800 million. According to Vina...

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