Timken ‘is optimizing its IT operations,’ will lay off 70

Resource from: Crain's Cleveland Business Likes:142

Oct 26,2015

North Canton-based Timken Co. will lay off about 70 workers from its information technology staff over about the next 18 months, the company said. The manufacturer of bearings and related components and assemblies will shift the work to its operations in India, Timken spokeswoman Gloria Irwin said in email correspondence last Wednesday, Oct. 21. “Timken is optimizing its IT operations as part of ongoing efforts to be more efficient and cost-effective,” Irwin wrote. “During the next year and a half, Timken will centralize day-to-day IT operations and strategic work in its existing business and operations center in Bangalore, India, which will become the company’s IT center of excellence, coordinating with smaller regional hubs in the U.S., Romania, Poland and France.” The company will begin letting workers go this month and will continue to trim its IT staff into early 2017. It will retain some information technology functions in North Canton, including some management positions and functions that need to be close to the company’s existing data center and analysts, Irwin said in the email.

(Crain's Cleveland Business)

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