Wabash Cuts 500 Jobs

March 20, 2001
Wabash National Corp. said it's cutting 500 manufacturing and administrative jobs, about 8% of its workforce, as customers carry fewer shipments and reduce spending. The Indiana-based company had about 6,000 employees before the cuts, president and CEO Jerry Ehrlich said. "Wabash National has had a long history of being a steady employer in many communities,” Ehrlich said. “However, under the current
Wabash National Corp. said it's cutting 500 manufacturing and administrative jobs, about 8% of its workforce, as customers carry fewer shipments and reduce spending. The Indiana-based company had about 6,000 employees before the cuts, president and CEO Jerry Ehrlich said.

"Wabash National has had a long history of being a steady employer in many communities,” Ehrlich said. “However, under the current economic environment, we feel this action is necessary as part of our continuing efforts to operate the business effectively and profitably."

Ehrlich said the slowing U.S. economy has reduced demand for freight shipments, causing companies to order fewer trailers.

The company expects to report a first quarter loss that will be substantially below the range of analyst expectations. The cost reductions from the restructuring activities and job eliminations are expected to positively impact second-quarter results.

About the Author

Tim Parry

Sponsored Recommendations

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

How Electric Vehicles Help You Prolong the Life of Your Fleet

Before adopting electric vehicles for commercial/government fleets, prioritize cost inquiries. Maintenance is essential; understand the upkeep of EV fleets. Here’s what you need...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!