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Caterpillar May Cut Up To 10,000 Jobs Through 2018


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Posted

The company's shares fell as much as more than 6 percent to $65.77 in early trading on Thursday.

 

Caterpillar said it would cut 4,000-5,000 jobs by the end of 2016, with most of them in 2015.

 

The company had 114,233 employees as of Dec. 31, according to Thomson Reuters data.

 

Caterpillar also said it expected 2015 revenue to be about $48 billion, $1 billion lower than its previous forecast.

 

Revenue is expected to fall about 5 percent in 2016, the company said.

 

Caterpillar is facing "challenging marketplace conditions in key regions and industry sectors - namely in mining and energy," Chief Executive Doug Oberhelman said in a statement.

 

The company said the restructuring could impact more than 20 facilities around the world and across its three large businesses - construction, resources, and energy and transportation.

 

:3D_Smiles_38:  :3D_Smiles_38:  :3D_Smiles_38: 

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Posted

mona vere building lo 2 days sick leave ante purthi ga leave tisuko ani job peeki 10ngaru anta :/ . nenu friday ki leave tiskuna :( , ma manager monane edo college ki recruiting ki poyadu :( , entoi anni ila kalisi vastunai :('(

Posted

mona vere building lo 2 days sick leave ante purthi ga leave tisuko ani job peeki 10ngaru anta :/ . nenu friday ki leave tiskuna :( , ma manager monane edo college ki recruiting ki poyadu :( , entoi anni ila kalisi vastunai :('(

 

ekkada peoria, IL lo chesthunnava bro ?

Posted

ekkada peoria, IL lo chesthunnava bro ?

same quochen apicer naadi kuda,, Moseville aa nuvu??? 

Posted

same quochen apicer naadi kuda,, Moseville aa nuvu??? 

 

twitter ki ra cheptha..eeda cheppalenu  :police:

Posted

computers lo vachinappudu ilaage annaru. :( humans will adapt & evolve.   :4_12_13:   :4_12_13:   :4_12_13:

 

edited

Posted

computers vachinappudu ilaage annaru. humans will adapt & evolve.  :4_12_13:  :4_12_13:  :4_12_13:

 

Agreed..mana desi gallu chalamandhe chestharu caterpillar lo..apramattam avutharani vesa timmy uncle  :police:

Posted

chi mi idaru kuda ikade ekado thaglabadara 

Posted

Agreed..mana desi gallu chalamandhe chestharu caterpillar lo..apramattam avutharani vesa timmy uncle  :police:

+1 mana desi gaalu chaala mandi endi, motham aale untaru kada... monane china talk ochindi anta, AC building ni kasta DESI building chestaru koni days lo ani   &^%  @3$%

Posted

chi mi idaru kuda ikade ekado thaglabadara 

ankul ne story lo nuvvu married ani cheppav kada eppudu malli ammai ala undali ela undali ani talking enti did i miss something

Posted

+1 mana desi gaalu chaala mandi endi, motham aale untaru kada... monane china talk ochindi anta, AC building ni kasta DESI building chestaru koni days lo ani   &^%  @3$%

 

lol agreed maree too many families untai.. peoria lo unde desis lo 90% caterpillar lo chestharu and its a very big indian community

Posted

+1 mana desi gaalu chaala mandi endi, motham aale untaru kada... monane china talk ochindi anta, AC building ni kasta DESI building chestaru koni days lo ani   &^%  @3$%

nuv AC building ah

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