financetom
Business
financetom
/
Business
/
Miller Industries to Cut About 150 Jobs in Cost Plan
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Miller Industries to Cut About 150 Jobs in Cost Plan
Aug 14, 2025 5:56 AM

08:38 AM EDT, 08/14/2025 (MT Newswires) -- Miller Industries ( MLR ) said Thursday it will cut its workforce by about 150 positions across three manufacturing facilities as part of a cost reduction plan aimed at improving efficiency.

The company said it will offer financial and benefit assistance along with outplacement resources to affected employees.

The reduction follows weaker retail sales and lower order intake, and is intended to strengthen the company's competitiveness as the market improves, Miller Industries ( MLR ) said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Workers sign petition for collective bargaining at Rio Tinto's Pilbara mine
Workers sign petition for collective bargaining at Rio Tinto's Pilbara mine
Mar 13, 2025
(Reuters) - Australia's Western Mine Workers Alliance (WMWA) said on Thursday that more than 400 workers at Rio Tinto's Paraburdoo iron ore mine in Pilbara region have signed a petition to support collective bargaining. The petition was launched by the alliance to initiate bargaining for a collective agreement at the mine for the first time in over 20 years. Paraburdoo...
European truck shares fall on U.S. electric vehicle rules reversal
European truck shares fall on U.S. electric vehicle rules reversal
Mar 13, 2025
(Reuters) - Shares in European truck makers fell on Thursday after the U.S. Environmental Protection Agency (EPA) said it would start efforts to reverse the Biden administration's vehicle emissions rules. Analysts said trucking fleet firms had been expected to pre-buy trucks before the rules took effect, driving up demand, but this is now unlikely to happen. Given the EPA's latest...
Churchill Downs Board Approves New $500 Million Share Repurchase Program
Churchill Downs Board Approves New $500 Million Share Repurchase Program
Mar 13, 2025
05:38 AM EDT, 03/13/2025 (MT Newswires) -- Churchill Downs (CHDN) said late Wednesday its board approved a new $500 million share repurchase program with no time limit. This replaces the company's previous $500 million program, which was approved in September 2021 and had unused authorization of $125.6 million. ...
Tesla working with Baidu to improve assisted driving system in China - sources
Tesla working with Baidu to improve assisted driving system in China - sources
Mar 13, 2025
* Baidu ( BIDU ) engineers work with Tesla in Beijing to improve FSD navigation map - sources * Tesla delivered FSD V13 in China without sufficient local data training - source * Some Chinese customers said update fell short of Musk's promises on FSD SHANGHAI/BEIJING, March 13 (Reuters) - Tesla is working with Chinese tech giant Baidu ( BIDU...
Copyright 2023-2026 - www.financetom.com All Rights Reserved