Brazil's Embraer to furlough 15,000 workers ahead of Boeing deal
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SAO PAULO (Reuters) - Brazilian planemaker Embraer SA will furlough almost 15,000 workers in January, the company said, ahead of a partial takeover by Boeing Co , a deal that still needs regulatory approval. Salaries will be paid as normal during the furlough, which will last between Jan. 6 and Jan. 20, according to the company, as well as the metalworkers union representing several thousand of Embraer's workers. Boeing has agreed to buy 80% of Embraer's commercial plane division for $4.75..