UPDATE 1-Oshkosh posts loss, cuts jobs, withdraws forecast

Newswire

* Loss is wider than expected * Warns it may breach financial covenants with lenders CHICAGO, Jan 29 (Reuters) - Truckmaker Oshkosh Corp said on Thursday it was cutting its workforce by 7 percent and withdrawing its forecast for 2009 earnings as it scrambles to deal with a downturn in business that it said could result in violations of its credit covenants. The company said it had opened negotiators with its creditors and hoped the talks would result in amended terms as early as next ...

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