DON MILLS, Ont. — International Truck and Engine Corp. is planning layoffs of about 500 employees at its Springfield, Ohio, plant on March 5 due to slow truck sales.
This is the company’s second wave of layoffs; about 500 were laid off in November. This reduction brings its workforce at that facility to 3,700 from 4,200.
The company said it expects to lower its staff at Springfield to about 2,800 workers by the end of 2003, as it begins producing a new medium-duty truck and moves production of large trucks to locations.