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Navistar cuts 250 workers as part of truck unit revamp
Date:2008-12-10
Navistar International Corp, the U.S. truck and engine maker, told 250 salaried workers they will lose their jobs on Tuesday, a spokesman told Reuters.
The cuts are part of a revamp of the company's truck operations announced in November, a reorganization the company said was designed to align its operations with "market conditions," including "one of the worst North American truck markets in recent history."
Navistar employs 17,000 workers worldwide.
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