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Article: Caterpillar Implements Workforce Actions to Align Production With Demand.
- Article from:
- Economics Week
- Article date:
- November 13, 2009
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Caterpillar Inc. (NYSE: CAT) announced plans to selectively align production levels with demand and resource requirements. Caterpillar has already started bringing some laid off employees back to work at various facilities, and based on current demand schedules, the company expects to return other employees to jobs as demand increases in the coming months. Approximately 550 laid off U.S. employees have returned or will return to work before the end of 2010, including support, management and production employees.
Also, Caterpillar today began notifying approximately 2,500 laid off U.S. employees that they will be separated from the company. The company is offering ...
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