UPDATE 1-Visteon posts loss, cutting 2,800 jobs

Newswire

* Q3 quarterly loss widens from year ago * Axing 2,000 hourly and 800 salaried jobs * Sees continued pressure in fourth quarter DETROIT, Oct 30 (Reuters) - Auto parts maker Visteon Corp posted a wider quarterly loss on Thursday and said it is slashing 2,800 jobs in response to "extremly difficult market conditions." The company, which has been in a three-year restructuring launched shortly after a bailout by former parent Ford Motor Co in 2005, also lowered its full-year 2008 outlook ...

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