Eaton To Cut 5,200 Jobs To Reduce Costs

Eaton Corp., Cleveland, said it would cut 5,200 jobs as part of a plan to reduce costs because of a drop in demand for its products. The move is intended to help the company reduce costs by $125 million in 2009 and follows 3,400 job cuts last year.

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.

Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.