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Financial News & Stocks The Stock Stop! Discuss financial news, stocks, and any other economic related issues here. They do NOT have to relate directly to trucking.

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^ Top   #1   03.17.2009

Cybergal Truck Forum Supporter   Last Seen: 04.16.2009 05.42 AM Member Since: Oct 2008 Posts: 13,838 My Trucking Photos: 27 Thanks: 2,066 Thanked: 2,570 Times My Truckers Blog : 16

Caterpillar lays off 2,454 workers in 3 states Caterpillar lays off 2,454 workers in 3 states Quote: PITTSBURGH – Caterpillar Inc. is laying off more than 2,400 employees at five plants in Illinois, Indiana and Georgia as the heavy equipment maker continues to cut costs amid the global economic downturn. The Peoria, Ill.-based company says 2,365 support and management workers are being laid off for at least six months and 89 workers are being let go permanently. Some 245 of the 2,365 layoffs had been announced previously. Among the affected workers are 1,726 people at plants in East Peoria and Aurora, Ill.; 439 at a plant in Lafayette, Ind., and 289 in Jefferson and Griffin, Ga. In January, Caterpillar announced job cuts that will ultimately wipe out 20,000 positions. http://news.yahoo.com/s/ap/20090317/...pillar_layoffs

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^ Top   #2   03.18.2009

Cybergal Truck Forum Supporter   Last Seen: 04.16.2009 05.42 AM Member Since: Oct 2008 Posts: 13,838 My Trucking Photos: 27 Thanks: 2,066 Thanked: 2,570 Times My Truckers Blog : 16

Caterpillar to cut more jobs Caterpillar to cut more jobs Quote: Caterpillar Inc. announced Tuesday, March 17, that it will lay off 2,365 management and production workers at five U.S. plants as demand remains weak for engines and construction equipment. These job losses are on top of 22,000 job reductions previously announced in January and February. http://www.etrucker.com/apps/news/article.asp?id=77092

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