Wartsila layoff 450 employees worldwide.
Wartsila a Finnish manufacturer of large diesel and gas engines for use in powering ships and electricity generation are to layoff up to 450 people worldwide to cut costs as orders plunged 86 percent early this year.
Total losses = 450
According to Wikipedia, Wärtsilä engines are mainly used for marine propulsion and for electricity generation. The engines which Wärtsilä produces range from the 4L20, a four-stroke, medium-speed engine producing 720 kW (980 HP), to the Wärtsilä-Sulzer RT-flex96-C two-stroke diesel engine series which, in 2006, was reported as being one of the most powerful yet most compact prime-movers in the world. This model has a cylinder bore of 960 mm (37.8 in) and stroke of 2500 mm (98.4 in). The largest version produces up to 80,080 kW (107,400 HP) in the 14-cylinder configuration. These engines are used to propel large container ships, such as those of the A. P. Moller-Maersk Group. The vessels are known as the E-class ships; Emma Maersk was the first.
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