Navistar plans job cuts
Navistar International Corp. confirmed Friday to The Chicago Tribune that it will cut “a few hundred” jobs as part of the company’s ongoing turnaround plan.
More than 140 contractors will also be cut, according to a letter to employees obtained by the newspaper. The cuts will be made by September, and will focus on support personnel to minimize impact on day-to-day operations, the company says.
“This is not strictly a headcount reduction exercise or about ‘doing more with less,” The Tribune quoted from the letter signed by CEO Troy Clarke and Chief Operating Officer Jack Allen. “We’re also reshaping Navistar to address the organizational changes that limit manager and employee effectiveness.”