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Tag: layoffs
Construction Equipment
Komatsu Mining closes Bluefield, Va., plant
Komatsu Mining Corp. has closed its manufacturing plant in Bluefield, Virginia, and transferred operations to three of its other U.S. locations, the company says.
January 13, 2021
Construction Equipment
Latest round of Cat layoffs could cut upwards of 900 jobs
A new report from Reuters expanding upon news last month out of Waco, Texas, says that Caterpillar’s coming job cuts could impact nearly 900 workers. At the end of February, the Waco Tribune-Herald reported receiving confirmation from Cat that the heavy equipment manufacturer would be closing its Waco Work Tools plant. The plant manufactures excavator […]
March 19, 2018
Workforce
Hurricane recovery sends construction unemployment to record low
U.S. construction unemployment tied a record low in October, at 4.5 percent, with recovery from Hurricanes Harvey and Irma and other disasters appearing to lead the jobs increase, according to Associated Builders and Contractors. The last time construction unemployment reached 4.5 percent in October was in 2006, the ABC says. The October 2017 rate was […]
December 4, 2017
Business
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 closing of its global mining headquarters. And with the possibility that the workforce cuts […]
October 28, 2015
Business
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 announced that it would cut as many as 10,000 jobs from its global workforce […]
October 7, 2015
Business
John Deere to cut 180 workers in response to low demand for equipment
John Deere has announced that it will lay off a combined 180 workers across two Illinois manufacturing facilities. According to a report from the Waterloo Cedar Falls Courier, the company is laying off 150 workers at its East Moline Harvester Works facility and and another 30 workers at its Davenport Works facility. According to the Deere website, […]
September 8, 2015
Business
Latest round of Caterpillar layoffs hits Pontiac fuel systems plant
After laying off nearly 200 workers at its East Peoria plant last month, Caterpillar has announced another wave of cuts, this time at its Pontiac, Michigan, plant. According to a report from the Peoria Journal Star, Cat will place 35 full-time employees at the plant, which manufactures fuel systems, on indefinite layoff and will fire another 10 […]
July 8, 2015
Business
John Deere to call back some laid off workers to Waterloo plant
John Deere has announced that it will ask between 50 and 60 workers laid off earlier this year at its Waterloo, Iowa, plant  back to work. According to a report from the Waterloo Cedar Falls Courier, the callbacks will be made based on seniority and many of the workers receiving calls are likely working at other Deere […]
June 25, 2015
Business
Caterpillar to cut 250 jobs from Indiana engine plant
Caterpillar has announced that it will cut 250 workers from its Lafayette Engine Center in Indiana. According to a report from WLFI TV, the company will lay off 50 full-time workers from the plant and another 200 workers employed through staffing agencies. Caterpillar told the station, “a decrease in orders for engines that support the oil and […]
April 9, 2015
Business
John Deere cuts 910 ag factory workers, adds 220 to construction equipment facilities
John Deere announced today that it would layoff 910 employees across five agricultural equipment factories in Iowa and Illinois as the company cuts costs in response to an ongoing global farming slowdown. The heavy equipment manufacturer said it would layoff 565 from three plants in Waterloo, Iowa, as well as 300 in Ankeny, Iowa and 45 […]
January 23, 2015
Business
Navistar loses $247 million in Q3, cuts 500 employees from workforce
Navistar’s efforts to restore the company’s profitability took a logical yet unenviable turn Tuesday as the company announced plans to trim its workforce by 500 employees. The cuts were announced as part of Navistar’s earnings report Tuesday morning, where the company reported a third quarter 2013 net loss of $247 million—down significantly from a net […]
September 4, 2013
Business
Caterpillar to lay off 125 workers at Indiana Large Engine Center
Due to slumps in demand and earnings in the first half of this year, Caterpillar has confirmed to the Layfayette, Indiana Journal & Courier that it will lay off 125 workers at the Large Engine Center there. The indefinite layoffs will take effect August 26. About 1,800 employees work at the plant. In a statement to […]
August 8, 2013
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