One of Stamford’s leading employers is set to cut 35 jobs as part of ongoing cost cutting.
Cummins Generator Technologies revealed this week it wanted get rid of the positions at its sites in Stamford and Peterborough by the end of the year.
A spokesman for the firm, which currently employs 720 people across both sites, said global demand was weak.
He added: “Owing to this, we have been taking a number of actions to reduce costs, increase efficiencies and align with market demand. After exhausting all options, unfortunately, we are also going to take further actions including the potential reduction of 35 employees across our Stamford and Peterborough sites by the end of the year.
“These actions are difficult for the employees, the community and our company and will impact a number of people who have worked for Cummins for many years. These actions are hard to do, but necessary to respond to the current conditions and ensure the long term success of the business.
“We are working to minimise the impact on our employees by making an effort to redeploy as many people as possible to other opportunities within Cummins.”
Cummins, which is based in Barnack Road, Stamford, cut 45 jobs in June last year and a further 95 in November 2012.