Newsletter Sign Up
Stay updated on news, articles and information for the rail industry
Stay updated on news, articles and information for the rail industry
RAIL EMPLOYMENT & NOTICES
Rail News Home
Rail Industry Trends
Rail News: Rail Industry Trends
1/10/2002
Rail News: Rail Industry Trends
Wabash National cuts 480 jobs
advertisement
Citing a continuing drop in truck-trailer demand, Wabash National Corp. plans to cut another 480 jobs at its Lafayette, Ind., plant.
"This will ‘lean out’ the organization to fit what we need to run customer orders," said Nick Fletcher, vice president of human resources, in a prepared statement.
Expected to be temporary, the layoffs would reduce Wabash National employment to about 2,000 full-time people — at least 1,000 less than it had a year ago. The company manufactured 35,000 truck trailers in 2001, about a quarter of the overall market but half the 69,772 trailers it produced in 2000, the company said.
"This will ‘lean out’ the organization to fit what we need to run customer orders," said Nick Fletcher, vice president of human resources, in a prepared statement.
Expected to be temporary, the layoffs would reduce Wabash National employment to about 2,000 full-time people — at least 1,000 less than it had a year ago. The company manufactured 35,000 truck trailers in 2001, about a quarter of the overall market but half the 69,772 trailers it produced in 2000, the company said.