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Cat Announces Further Layoffs

By: Lori Obert - WMBD/WYZZ TV
Updated: February 15, 2009
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WMBD/WYZZ - PEORIA -- More than 2,100 caterpillar production employees are out of a job.

This morning, Caterpillar notified full-time production employees at its East Peoria, Decatur and Aurora manufacturing facilities. These layoffs are in addition to the cost-cutting measures cat announced Monday.

There was more news today about those layoffs- 174 employees in East Peoria were notified this morning that their jobs are being eliminated.

“These decisions are coming as we continue to look at our business and slowing demand for the products made at those facilities," CAT Spokesperson Jim Dugan said.

Of the additional 21-hundred layoffs announced Friday, 750 come from the East Peoria plant.  Workers we spoke with who've made it through the first rounds of layoffs have mixed reactions.

“We all understand but it's tough.  We all got families to feed," John Nash said.

“Someone who comes to work every day, does what he's supposed to do, and not they're laid off.  It's just not right, it's not fair,” Terence Gregory said.

Dugan says the company is being forced to respond to changes in the global market, and less demand for their products.

“As commodity prices have fallen off dramatically, we've seen a dramatic cancellation in orders, delays in order from key customers late in 2008 and 2009,” Dugan said. The company says they're taking other cost cutting measures to try and retain more staff. But some workers say they see it differently.

 

 

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