Arab Today, arab today oshkosh to cut 900 jobs in defense unit
Last Updated : GMT 18:00:57
Arab Today, arab today
Arab Today, arab today

Oshkosh to cut 900 jobs in defense unit

Arab Today, arab today

Arab Today, arab today Oshkosh to cut 900 jobs in defense unit

New York - AFP

US heavy-duty vehicle maker Oshkosh Corporation said Tuesday it would cut 900 jobs in its defense division this year mainly due to military spending cutbacks. Oshkosh said in a statement it planned to cut about 700 hourly positions starting in mid-June and to eliminate 200 salaried jobs through July. The layoffs will reduce the workforce in the defense division to approximately 2,800 employees. \"Oshkosh expects domestic military vehicle production volumes to decline significantly as the year progresses,\" predicting output to drop by 30 percent in the coming months, said the company, based in Oshkosh, Wisconsin. It blamed \"the reduction in US defense budgets and a return to peacetime spending levels as the US winds down war activities.\" Facing a swollen budget deficit, the government is sharply reducing spending under the so-called \"sequester\" program of automatic cuts that took effect on March 1.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oshkosh to cut 900 jobs in defense unit Arab Today, arab today oshkosh to cut 900 jobs in defense unit

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oshkosh to cut 900 jobs in defense unit Arab Today, arab today oshkosh to cut 900 jobs in defense unit

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday