Construction Safety Dispatch Articles
|
|
Layoffs could be coming to Manitowoc Crane in the next two months.
Tom Musial is Manitowoc Company's senior vice president for human resources. He says company officials expect certain changes due to the prolonged economic downturn.
Musial says Crane management has...
met with employees to discuss the possibility of layoffs. He says the exact number of cuts hasn't been determined.
A report in the Manitowoc Herald Times Reporter (http://bit.ly/qRn3vm ) says layoffs might be concentrated more in some production sectors than others.
The Manitowoc Company, with Crane and Foodservice operating groups, has 12,600 employees worldwide. That includes 1,400 workers in Wisconsin, of whom about 800 build industrial cranes.
In July the company reported second-quarter sales of $949 million. That was a 16 percent from the same quarter last year.
Source: Chicago Tribune