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Freightliner To Cut 1,500 Jobs

Daimler's heavy truck subsidiary plans to lay off about half the workers at its truck manufacturing plant in Cleveland, North Carolina.

CLEVELAND, N.C. (AP) -- Freightliner says about 1,500 workers at its Rowan County plant will be laid off.
 
The Salisbury Post reported that the company said Thursday that it plans to lay off about half its workers at the truck manufacturing plant in Cleveland, about 45 miles north of Charlotte.
 
The company said it plans to reduce to one shift per day beginning June 6 from the current two shifts unless market conditions improve.
 
About 2,900 people work now at the plant. Freightliner is the heavy truck subsidiary of German automaker Daimler AG and is based in Portland, Ore.
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