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  7. Caterpillar to cut up to 10K jobs

Caterpillar to cut up to 10K jobs

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24 Sep 2015 11:23 #272676 by chairman
Caterpillar announced Thursday that it expects to permanently reduce its workforce by 4,000 to 5,000 by the end of 2016. It said the cuts could reach 10,000 through 2018.

The reductions are part of a corporate restructuring that the company said will lower operating costs by about $1.5 billion annually once implemented.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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