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Navistar cuts 250 workers as part of truck unit revamp

Date:2008-12-10

Navistar International Corp, the U.S. truck and engine maker, told 250 salaried workers they will lose their jobs on Tuesday, a spokesman told Reuters.

The cuts are part of a revamp of the company's truck operations announced in November, a reorganization the company said was designed to align its operations with "market conditions," including "one of the worst North American truck markets in recent history."

Navistar employs 17,000 workers worldwide.

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