Indiana News

Cummins Announces Job Cuts


Cummins, Incorporated, based in Columbus, plans to reduce its workforce by between 1,000 and 1,500 people by the end of this year.  


It's not clear yet where the cutbacks will be made. Chairman and CEO Tom Linebarger refers to uncertainty about the the global economy, prompting customers to delay capital expenditures and lower the demand for Cummins products.  With that, the company is lowering its revenue outlook by a billion dollars to $17 billion.  

Cummins will also be taking other steps to reduce costs including work week redutions and shutdowns at some of its manufacturing facilities.  Linebarger says these actions will allow Cummins to meet customer needs, maintain strong financial performance and capitalize on future growth opportunities.


Copyright by © 2012. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

WIBC News Traffic Hotline

If you see a news story or traffic tie-up, let us know!

Call:  317.637.6397


Send photos:


Garrison Chicks Abdul At Large Abdul At Large