Tags: layoffs

Thousands of Caterpillar employees take early retirement as cuts continue

Oct 28, 2015

Thousands of Caterpillar employees take early retirement as cuts continue

As Caterpillar begins its extensive workforce cuts around the world, thousands of employees have decided to take an offer of early retirement. Since announcing a cost-cutting plan in September, Caterpillar has laid off hundreds at its East Peoria plant and announced the ...

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Caterpillar to cut 230 workers in East Peoria; may move Joliet parts production to Mexico

Oct 14, 2015

Caterpillar to cut 230 workers in East Peoria; may move Joliet parts production to Mexico

The first workforce cuts of Caterpillar's recently announced, extensive cost-cutting plan will come at the company's East Peoria, Illinois plant. According to a report from the Peoria Journal Star, Cat will lay off 230 employees in East Peoria. The announcement came days after the company ...

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Mining slump leads to Cat layoffs

Jun 25, 2015

Mining slump leads to Cat layoffs

A drop in the demand for mining equipment has led to another round of layoffs at Caterpillar's East Peoria campus in Illinois. Reuters reported that Cat laid off 50 employees at the East Peoria office on Monday. With the latest layoffs, Cat ...

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Caterpillar to close Virginia mining equipment plant

Nov 25, 2013

Caterpillar to close Virginia mining equipment plant

Caterpillar has announced that it will close its Pulaski, Virginia, plant by mid-2014, according to a report from our sister site, Equipment World. The plant manufactures mining equipment. The closure will result in 240 layoffs. This is not the first Caterpillar mining ...

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Florida concrete producer announces potential layoff

Mar 16, 2010

Jacksonville-based Gate Concrete Products Co., a producer of prestressed concrete products for use in bridges and building structures, today announced a potential layoff of between 20-115 workers in May, according to an Aggregate Research (ARI) report. Gate Construction Materials Group President ...

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