Cummins lowers sales forecast, to cut up to 1500 jobs

Tue Oct 9, 2012 5:46pm EDT

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Oct 9 (Reuters) - U.S. engine maker Cummins Inc cut its full-year revenue forecast by $1 billion to $17 billion citing a weakening global economy.

The company said it expects to cut up to 1500 jobs by the end of the year.

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