Pittsburgh-based Kennametal Inc. says it's cutting 1,000 jobs over the next 15 months, citing weak demand for the coal-mining and gas-drilling cutting tools it makes.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2016-08-03
CTE source: https://ctemag.com/news/kennametal-cut-1000-jobs-due-drilling-slowdown/
Legacy path: /kennametal-cut-1000-jobs-due-drilling-slowdown