Yuneec USA Confirms Staff Reductions | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-10.06.25

AirborneNextGen-
10.07.25

Airborne-Unlimited-10.08.25

Airborne-FlightTraining-10.09.25

AirborneUnlimited-10.10.25

Tue, Mar 21, 2017

Yuneec USA Confirms Staff Reductions

Reports Are As Many As 70 Percent Of American Division May Lose Their Jobs

An undisclosed number of employees of Yuneec USA will be losing their jobs, the company confirmed on Friday.

Market Watch reports that the company issued a statement saying it was planning to "scale back our business structure to secure a balance between operational costs and revenue. We concluded that we upsized operations faster than our growth required."

Yuneec recently received $60 million in funding from Intel through the chip-maker's venture-capital firm. sUAS News reports that Yuneec and Intel will continue to develop future projects.

Yuneec is only the latest drone manufacturer to announce it is cutting staff. The industry recently saw Autel, Parrot, 3DR, GoPro and Zero Tech all announce layoffs.

Media reports say that DJI has essentially won the entry-level drone war with its quickly-evolving line of  aircraft, and that the de-facto entry-level drone is now the Phantom 4 Pro. They predict that there will be more adjustments in the sector, including in post-production tools, as the year progresses.

FMI: www.yuneec.com

Advertisement

More News

True Blue Power and Mid-Continent Instruments and Avionics Power NBAA25 Coverage

Mid-Continent Instruments and Avionics and True Blue Power ANN's NBAA 2025 Coverage... Visit Them At Booth #3436 True Blue Power Introduces New 45-watt Charging Ports for 14- and 2>[...]

ANN's Daily Aero-Term (10.15.25): En Route Automation System (EAS)

En Route Automation System (EAS) The complex integrated environment consisting of situation display systems, surveillance systems and flight data processing, remote devices, decisi>[...]

Aero-News: Quote of the Day (10.15.25)

“Our Kodiak aircraft family is uniquely designed to meet the rigorous demands of such deployments, bringing short takeoff and landing performance, robust cargo capacity and e>[...]

ANN's Daily Aero-Linx (10.15.25)

Aero Linx: Australian Society of Air Safety Investigators (ASASI) The Australian Society of Air Safety Investigators (ASASI) was formed in 1978 after an inaugural meeting held in M>[...]

NTSB Final Report: Jeremy S Lezin Just SuperSTOL

Left Main Landing Gear Struck A Bush, And The Right Wingtip Impacted The Ground Analysis: According to the pilot of the tailwheel-equipped airplane, he noticed that the engine oil >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC