Members of the Muncie Police Department are getting some …
Lafayette Caterpillar plant (File photo).
Advertisement
Caterpillar laying off 167 workers
Updated: Friday, 03 Aug 2012, 10:54 AM EDT
Published : Friday, 03 Aug 2012, 10:12 AM EDT
LAFAYETTE, Ind. (WLFI) - Caterpillar's Lafayette Engine Center announced it's cutting 167 jobs beginning in September.
The cuts come from the company's flexible workforce of agency workers and part-time and temporary workers. Caterpillar says the flexible workforce fluctuates due to demand needs. It uses a flexible workforce to be able to react quickly to business decisions.
In Caterpillar's most recent quarterly report, Chairman and CEO Doug Oberhelman was cautious about 2012 saying, "While we're expecting a record year in 2012, we understand the world is facing economic challenges, and if it becomes necessary, we are prepared to act quickly as we did in late 2008 and 2009."
Caterpillar said it remains very positive about long-term global growth, but businesses and plants within the company must take short-term actions to keep production in line with demand.
Email This
Print This
View Story on a Single PageAdvertisement
Advertisement
Advertisement
More on WISHTV.com
-
A 19-year old Florida teen doesn't think twice about jumping on a 30-foot, 50,000-pound …
-
A 19-year old Florida teen doesn't think twice about jumping on a 30-foot, 50,000-pound …
-
WASHINGTON (AP) — A Massachusetts congressman says investigators still don't know whether…
-
Learn more about the people who appear on air at 24-Hour News 8.
-
LOS ANGELES (AP) — Selma Blair is making a sudden exit from the Charlie Sheen sitcom …
-
_20130618160558_140_105.JPG "Photos: Le Griffon media briefing")
Divers exploring the possible site of the wreck of Le Griffon gave an update on the …
-
Looking for a way to get more enjoyment out of your home while also enhancing the value …
