Whirlpool to Cut More Than 5,000 Jobs; Lowers Earnings Plan

Whirlpool to Cut More Than 5,000 Jobs; Lowers Earnings Plan

Daniel Acker/Bloomberg

An employee installs a bellow to a front-load Whirlpool Corp. washing machine at the company's operations plant in Clyde, Ohio, U.S. Third-quarter adjusted earnings at Whirlpool rose to $2.35 a share from $2.22 in the same period a year earlier. Sales rose from $4.5 billion euros, Whirlpool said, citing “favorable currency.”