HUTCHINSON, Kan. (AP) — Eaton Corp. says it is cutting 30 percent of its jobs at a Hutchinson, Kansas, hydraulics plant, affecting 42 workers.
The Hutchinson News (http://bit.ly/1TyKzdn) reports that the company announced the job cuts this week to workers at the plant that makes gears and piston pump parts for agricultural and construction equipment.
Kelly Jasko is spokesman for Eaton's industrial sector. He says in a statement that the move is attributed to an anticipated second year of down markets, with no immediate prospect of a significant turnaround.
The company says it is offering "voluntary separation" incentives involving a lump-sum payment of $3,500 for specific positions. Workers interested in that option, which would disqualify them for unemployment benefits, have until Friday to accept.