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Screwed: 2,454 at Caterpillar Inc.
A daily review of the employment fallout around the country and the world.
Heavy equipment manufacturer Caterpillar Inc. will be laying off 2,454 employees in Illinois, Indiana, and Georgia… Nokia plans 1,700 layoffs worldwide… The partnership between Kaiser Permanente and IBM will result in 860 layoffs at the Oakland-based Kaiser… Daewoo Bus Global Corp., the first major Korean company to practice major downsizing this year, will fire 507 employees, cutting its workforce by 38.5 percent… Weyerhaeuser Co. will close two more lumber mills, affecting 300 Oregon and Oklahoma workers – 1.5 percent of its workforce… Chicago’s Resurrection Healthcare sheds 125 management positions… The News & Observer Publishing Co. is letting go of 78 employees, or 11 percent of its workforce… The Idaho Statesman will give 25 employees the axe… The law firms Morris, Manning & Martin and Sughrue Mion fired all incoming, and one third of their incoming first year associates, respectively…
Read more about layoffs at the sites compiled on our layoff tracker page.
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