Where is Obama when you need him? - Caterpillar lays off 2,454 workers in 3 states

Posted by admin
March 17, 2009

Caterpillar Inc. announced a fresh round of job cuts Tuesday, laying off more than 2,400 employees at five plants in Illinois, Indiana and Georgia as the heavy equipment maker continues to cut costs amid the global economic downturn.Caterpillar, the world’s largest maker of mining and construction equipment, has seen its sales wither as the sluggish world economy and credit crises weaken demand for its products used to build everything from houses to highways. The company had expanded dramatically in recent years, helped by a building boom in developing countries. [snip]

In the latest cuts, the Peoria, Ill.-based company said 2,365 support and management workers had been laid off for at least six months and 89 workers had been let go permanently. Some 245 of the 2,365 layoffs had been announced previously.

(Excerpt) Keep reading at news.yahoo.com …

Disturbing, Economy, The real Obama, What Change

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Comments
Comment by Enzo on March 17, 2009 @ 2:15 pm

What do you mean… “Where is Obama when you need him?”

We need him GONE!

Comment by Joe on March 17, 2009 @ 11:10 pm

So let’s see, griping about the president not doing the thing you didn’t want him to do in the first place?

Comment by Enzo on March 18, 2009 @ 4:32 pm

He’s DOING them Joe! That’s my gripe.

In the first place… I never even wanted him as a candidate, let alone president. He will undo us… U.S.

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