Whirlpool to cut 500 EMEA jobs in dryer manufacturing unit

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(Copyright Reuters 2017)

Whirlpool Corp said on Tuesday it would restructure its Europe, Middle East and Africa dryer manufacturing operations, and cut about 500 jobs in the region.

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The world's No. 1 maker of home appliances said production at its Amiens, France, facility would cease in 2018 as part of the restructuring. (http://bit.ly/2iZVd3P)

The company said its Yate, UK, facility would now focus on manufacturing for UK consumers solely, and the production of dryers for non-UK consumer needs would be concentrated in Lodz, Poland.

Whirlpool said it expects to incur about $88 million in costs related to the restructuring.

The company previously said it expects restructuring charges of up to $200 million for 2016.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Martina D'Couto)