Cummins Cutting Jobs, Remains Committed to Heavy-Duty Market
Cummins Inc. said today it will eliminate 500 jobs this year because of the slumping North American heavy-duty truck market, a market the company says it remains committed to serving. Cummins said it would leverage the strength of its ISX and Signature engine family and build off existing product platforms to meet its customers’ needs. The company said that it would take a special pre-tax charge in