or 3.1% of Schaeffler's total headcount of 120,000, which has increased after its merger with electric powertrain specialist Vitesco. The layoffs come as the company is finalising the merger, which it ...

Timken Co. (TKR) on Tuesday reported third-quarter net income of $81.8 million. The North Canton, Ohio-based company said it had profit of $1.16 per share. Earnings, adjusted for one-time gains and ...