More on Whirlpool's (WHR) Q3 report: Plans to eliminate 5K jobs - including 1.2K salaried...

|About: Whirlpool Corporation (WHR)|By:, SA News Editor

More on Whirlpool's (WHR) Q3 report: Plans to eliminate 5K jobs - including 1.2K salaried positions - due to expected weak industry demand. Forecasts reducing capacity by 6M units based on manufacturing facility closures and relocations. Sees restructuring costs in Q4 of $160M leading to $400M in annual cost savings by the end of 2013. (PR)