Navistar Plans to Cut Jobs
Navistar International Corp. plans to cut “a few hundred” jobs by early September in a move to reduce costs.
The truck and engine maker is still working to determine the exact number of jobs that will be cut, Navistar spokeswoman Elissa Maurer told Transport Topics.
Maurer would not specify exactly where the cuts will take place, but said they will be mainly in North America. It also could potentially cut about 140 contractors, Maurer added.
“This has not been an easy decision, but it’s something that’s necessary,” Maurer said. “We’ve done the right things, but we need to do them better and faster.”
The cuts were announced via an internal letter to employees from CEO Troy Clarke and Chief Operating Officer Jack Allen.
Navistar has about 15,000 employees globally, including about 3,000 at its Lisle, Ill., headquarters.
Navistar’s market share in the Class 8 truck business declined after its previous engine technology failed to meet the Environmental Protection Agency’s 2010 emissions standards.
The company has been transitioning its heavy-duty trucks to engines with selective catalytic reduction, the same technology used by all of its competitors to meet federal requirements.
Navistar said earlier this week it has begun production of its TranStar Class 8 tractor with SCR technology.
