Military cutbacks are forcing another ripple effect at the Oshkosh Corporation. The company said today it would layoff about 700 hourly employees and 60 salaried workers beginning in June.
The head of the Oshkosh defense division, John Urias, said the firm went to “great lengths” to delay the impact of lower defense spending on the Oshkosh workforce. He said the firm carried out alternatives, such as not filling vacancies and using outside contractors, and it has tried pursuing relevant international opportunities for making vehicles. But now, Urias says Oshkosh must re-shape its workforce and return to peace-time operations.
Once the layoffs are complete, the company will have about 1,850 employees at its Oshkosh facilities.
WHBY