UPDATE 1-Whirlpool to cut 1,000 jobs globally, WSJ reports

Reuters04-25

(Adds details throughout)

April 24 (Reuters) - Home appliance maker Whirlpool Corp

is cutting 1,000 salaried jobs globally, the Wall Street Journal reported on Wednesday.

The company aims to trim up to $400 million in costs this year, the report said, citing Chief Financial Officer Jim Peters.

Whirlpool did not immediately respond to a Reuters request for comment on the report.

The company said in a regulatory filing on Wednesday it was committed to its workforce reduction plans and it expected to incur about $50 million of restructuring charges in the year.

Whirlpool had about 59,000 employees globally as of last year, according to its annual filing.

The company reported a 3.4% drop in first-quarter net sales to $4.49 billion.

(Reporting by Nathan Gomes in Bengaluru; Editing by Shilpi Majumdar and Sriraj Kalluvila)

((Nathan.Gomes@thomsonreuters.com;))

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