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-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

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

NTSB Final Report: Rutan Long-EZ

He Attempted To Restart The Engine Three Times. On The Third Restart Attempt, He Noticed That Flames Were Coming Out From The Right Wing Near The Fuel Cap Analysis: The pilot repor>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

Classic Aero-TV: ICAS Perspectives - Advice for New Air Show Performers

From 2009 (YouTube Edition): Leading Air Show Performers Give Their Best Advice for Newcomers On December 6th through December 9th, the Paris Las Vegas Hotel hosted over 1,500 air >[...]

ANN's Daily Aero-Linx (06.28.25)

Aero Linx: NASA ASRS ASRS captures confidential reports, analyzes the resulting aviation safety data, and disseminates vital information to the aviation community. The ASRS is an i>[...]

Aero-News: Quote of the Day (06.28.25)

“For our inaugural Pylon Racing Seminar in Roswell, we were thrilled to certify 60 pilots across our six closed-course pylon race classes. Not only did this year’s PRS >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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