Thread regarding Cummins Inc. layoffs

Market Decline

Cummins has progressively market declined for the past several years. Globally closing plants, slashing headcount, desperately downsizing and restructuring band-aids for shareholders (not employees). No innovation. No market expansion. Struggling to maintain market dated products.

http://www.therepublic.com/2020/10/28/the_third_quarter_cummins_reports_11_decline_in_revenue/
https://finance.yahoo.com/quote/CMI/financials.html
https://ca.finance.yahoo.com/news/cummins-reports-second-quarter-2020-113000068.html
https://www.macrotrends.net/stocks/charts/CMI/cummins/net-income.html

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| 1315 views | | 1 reply (November 24, 2020) | Reply
Post ID: @OP+184obaC1

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This is definitely not good, but I talked about this a month ago.

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