caterpillar to cut thousands of jobs close plants
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Caterpillar to cut thousands of jobs, close plants

Arab Today, arab today

Arab Today, arab today Caterpillar to cut thousands of jobs, close plants

Caterpillar
New York - Arab Today

US manufacturing giant Caterpillar announced a major cost-cutting program Thursday that could shutter more than 20 facilities and eliminate more than 10,000 jobs.

Caterpillar, which manufactures heavy industrial equipment, said it will cut 4,000-5,000 jobs by the end of 2016 and could eliminate more than 10,000 positions. The moves are a response to weakness in the mining and energy sectors, two of Caterpillar's core areas.

 

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caterpillar to cut thousands of jobs close plants caterpillar to cut thousands of jobs close plants

 



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caterpillar to cut thousands of jobs close plants caterpillar to cut thousands of jobs close plants

 



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