TITLE

Cummins eliminates at least 500 jobs

PUB. DATE
January 2009
SOURCE
Trailer / Body Builders;Jan2009, Vol. 50 Issue 3, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the international workforce reduction by Cummins Inc. of at least 500 employees as of the end of 2008, as a result of the economic downturn. The company has reportedly offered a voluntary retirement package to certain U.S. employees based on a set of criteria. The initiation by Cummins of temporary plant shutdowns and shortened work weeks to reduce manufacturing costs is also indicated.
ACCESSION #
36412069

 

Related Articles

  • Elcoteq Slashes 5,000 Jobs, Closing Plants. Buetow, Mike // Circuits Assembly;Feb2009, Vol. 20 Issue 2, p8 

    The article reports that Elcoteq, an electronic manufacturing services (EMS) provider, will downsize its manufacturing operations. About 5,000 employees could be laid off, which constitute about 25% of the global workforce of the company. Facilities in Russia, Romania and Texas will be shut...

  • Pfizer Cuts Back Michigan Operations. Emrich, Anne Bond // Grand Rapids Business Journal;1/29/2007, Vol. 25 Issue 5, p12 

    The article reports on the plan of Pfizer to close its human health research and development operations in Kalamazoo and Ann Arbor and an Esperion Group facility in Plymouth, Michigan. The closure is part of the plan to reduce manufacturing plants and costs by $4 billion a year. About 250...

  • BASF to close plant in restructuring.  // European Chemical News;12/1/2003, Vol. 79 Issue 2079, p9 

    Reports on the decision of BASF to close its Styronal styrene butadiene plant in Ludwigshafen, Germany, cut a number of jobs in Europe and reduce dispersions production for carpet backing binders as part of a bid to improve the performance of its paper chemicals unit.

  • Saputo to shut second factory.  // Dairy Industries International;Nov2005, Vol. 70 Issue 11, p15 

    Reports on the plan of Saputo Group Inc. to close its Harrowsmith factory in Ontario. Reason for the plant shutdown; Predicted annual savings after the closure; Significance of the shutdown to the company's cost-cutting initiative.

  • Tin mill to close.  // Manufacturers' Monthly;Aug2006, p10 

    The article reports on the launch of a restructuring program and the closure of the tin mill of Bluescope Steel in Port Kembla, New South Wales. Bluescope will also close its manufacturing operations in Taiwan and eliminate about 250 management and staff jobs across all operations. The company...

  • Alcoa to sell Hungary wire-harness plant.  // Wire Journal International;Apr2009, Vol. 42 Issue 4, p17 

    The article reports on the plan of Alcoa Inc., regarded as the one of the largest employers in the U.S., to sell its two plants in Hungary. According to press release, the company will close its wiring harness plant in Mor and the automobile parts plant in Szekesfehervar as part of its...

  • DOWNSIZING READERS.  // Editor & Publisher;Aug2008, Vol. 141 Issue 8, p16 

    The article comments on the effect of employee reduction and other cuts being made by newspaper companies on their readers. It notes that with these cuts, many newspapers risk terminating readers. It states that it is not too late to avoid the involuntary layoff of readers. It stresses the need...

  • More jobless--right on schedule. Gurliacci, David // Fairfield County Business Journal;7/19/2004, Vol. 43 Issue 29, p4 

    Reports on the increase in unemployment claims in Connecticut. Impact of shutdowns of larger factories on smaller ones that supply them; Expectation for the shutdowns; Plan for vacations around the expected layoffs by families.

  • Mondi to Downsize Sheet Feeder.  // Official Board Markets;11/24/2007, Vol. 83 Issue 47, p15 

    The article reports on the plan of Mondi Group to downsize their feeder operation in Larkhall, Scotland. The company will dismiss the operations of its two corrugators and six converting facilities which was carried out after they release its restructuring plans. In addition, the company also...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics