Xorail is based out of Jackonsville, Florida where most of the layoffs took place. Rumors state the reason for the layoffs was due to lack of work from several of their clients, most are in the railroad industry. Other rumors state (which most... read more
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Topics regarding layoffs at Wabtec
What is the likelihood of Wabtec layoffs in Wilmerding in 2016? Please let me know if you have any information.
Wabtec Corp., a maker of locomotives and other train equipment, said Tuesday it formed a joint venture in China to manufacture rail car couplers, or connectors. The joint venture already received its first order, a $7 million contract to provide... read more
That's what "the Company said." In actuality they laid off more than 170 in Tennessee and are preparing to lay off 160 in Idaho this month. Future orders are nearly non-existent.
nah, do not spread fear - all is fine here: Growth in 2009 is expected to be flat to slightly down, as gains from recent acquisitions and a good transit market are offset by a headwinds in currency exchange rates, the current economy and a decline in... read more