A weakening global economy has prompted Cummins Inc. to lower its sales and earnings expectations for the year. The company late Tuesday also said it would
reduce its workforce by 1,000 to 1,500 by the end of the year.
Additional steps the company said it is considering include:
n Workweek reductions.
n Shutdowns at some manufacturing facilities.
Cummins provided no
details about where workforce reductions would take place, and a spokeswoman said the Columbus-based engine maker likely would be analyzing the situation through the end of the month.
The company in early September employed about 46,200 across the globe, then a record. That included about 7,700 in southern Indiana, the bulk of those in Columbus.
Seymour Engine Plant employs about 450 workers.
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