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Johnson Controls, a leading seating components and technical solutions manufacturer has announced that it plans to cut 3,000 jobs in its American assembly plants.
Johnson Controls says the decision is part of a cost-reduction plan, whereby 3,000 jobs will be cut within the next two years. This represents 2% of the 130,000 Milwaukee workforce.
As reported by ILM recently, the company is said to spin off its automotive business unit as part of its narrowing down strategy.
It continues to produce car batteries, heating and air conditioning systems. The company also has a joint venture with Yanfeng Automotive Trim Systems, manufacturing instruments, door panels and floor consoles.
Johnson Controls is currently exhibiting its new lightweight seat solutions at the 66th Frankfurt Motor Show. Read more here.
Source: Detroit Free Press