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Shares of Caterpillar (NYSE: CAT) were pulling back on concerns around new tariffs on goods from Canada, Mexico, and China. As of 12:17 p.m. ET, the S&P 500 (SNPINDEX: ^GSPC) was down 0.8%, and ...
Cable news giant CNN is cutting about 200 television-focused roles as part of a digital pivot. The cuts will amount to about 6% of the company's workforce. In a memo sent to staff on January 23 ...
Of those job losses, 700,000 stem from layoffs at just 25 companies, according to 24/7 ... Caterpillar Number of jobs cut ... News of the layoffs came on the heels of Sprint's quarterly report ...
Due to the drastic drop in demand, Caterpillar initiated employee layoffs, which led to strikes, primarily by the members of the United Auto Workers, against Caterpillar facilities in Illinois and Pennsylvania. Several news reports at the time indicated that products were piling up so high in facilities that replacement workers could barely ...
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Firms announced 55,597 layoffs last month, down 23.7% from the 72,821 announced in September, outplacement firm Challenger, Gray and Christmas said. Layoffs would have been even lower last month ...
Uptake was incorporated in 2014 and is located in Chicago, with offices in San Francisco, Houston, Albuquerque, Riyadh, and Mississauga. In March 2015, Caterpillar announced its minority investment in Uptake, with the aim of the joint development of systems to monitor and improve use of the nearly 3 million pieces of Caterpillar equipment in the field. [3]
Contributor Rich Duprey has been closely watching Caterpillar's ongoing staff cuts, which exceed 13,000 employees, and also provides compelling graphical evidence that the company doesn't have ...