TITLE

Kenworth lays off 400 workers, scales back

PUB. DATE
December 2008
SOURCE
Las Vegas Business Press (10712186);12/1/2008, Vol. 25 Issue 48, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article looks at the layoff and production reduction procedures implemented by Nevada-based truck manufacturer Kenworth Truck Co. amid the financial crisis. It highlights that 329 union and 92 management employees were dismissed as part of the company's cost-cutting efforts. Aside from restructuring, Kenworth has planned to cut back on its heavy-duty and Class 8 trucks to lower spending.
ACCESSION #
35620275

 

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