Share
April 14, 2014 10:10 AM, EDT
Oshkosh to Lay Off About 760 Workers
Oshkosh Corp.

Specialty-vehicle manufacturer Oshkosh Corp. said its defense segment plans to cut about 700 hourly jobs in Oshkosh, Wis., starting in June and about 60 salaried positions starting in July.

After the layoffs, Oshkosh Defense will employ about 1,850 workers, the company said in the April 10 statement.

“We need to reshape our workforce with U.S. defense spending down as a result of tight government budgets and a return to peacetime operations,” said John Urias, Oshkosh executive vice president and president of Oshkosh Defense. “We have gone to great lengths to minimize and delay the impact of the reduced spending on our defense workforce.”

Oshkosh builds heavy, medium and light military vehicles, as well as components and technologies.