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Caterpillar to cut more than 10,000 jobs

Chicago Tribune - 24 Sep 2015 16:59
Caterpillar to cut more than 10,000 jobs Construction and mining equipment maker Caterpillar plans to lay off more than 10,000 workers in a bid to save $1.5 billion a year in operating costs, it announced Thursday. Nearly half those job losses -- 4,000 to 5,000 salaried and management employees -- will come before the end of 2016, with most...
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