Barclays is Bullish on Oshkosh Corporation (OSK)

On November 12, successful a abstracted concern update, the institution announced that it volition fto spell of 160 employees from its Oregon Street works successful January 2026, pursuing a monolithic $52.8 cardinal driblet successful Q3 2025 sales. The company’s Director of Global Marketing and Communications, Alexandra Hittle, mentioned that these layoffs were the company’s past edifice aft each imaginable options were measured. She mentioned:

“Despite proactive measures to grow disposable enactment and clasp our skilled squad members, including upskilling programs, insourcing efforts and voluntary reductions, we proceed to acquisition overstaffing successful definite accumulation areas.”

Photo by Francisco Fernandes connected Unsplash

The president of United Auto Workers Local 578, Bob Lynk, criticized that the existent layoffs resulted from Oshkosh Corporation focusing connected its subject segment, adjacent though it mislaid the JLTV Phase 2 declaration 2 years ago.

Oshkosh Corporation (NYSE:OSK), headquartered successful Oshkosh, Wisconsin, manufactures specialized vehicles and instrumentality for planetary customers. The institution has 3 main divisions: Access, Defense, and Vocational.

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Disclosure. None.