Miller Industries, Inc. (MLR) announced Thursday that it will reduce its workforce by approximately 150 positions across three manufacturing facilities as part of a comprehensive cost reduction plan designed to enhance operational efficiency and ensure the Company's long-term success.
The Company said it is committed to supporting affected employees during this transition by offering financial and benefit assistance, as well as outplacement and career transition resources to help affected employees navigate these changes.
This workforce reduction reflects ongoing challenges in the market, including reduced retail sales and lower order intake. The Company believes these actions will strengthen the Company's competitive position as market conditions improve.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.