Caterpillar Inc has laid off 120 temporary workers at a plant in Texas following...
) has laid off 120 temporary workers at a plant in Texas following its decision to cut production in the wake of a fall in sales due to U.S. President Donald Trump’s trade war with China.
In October, the world’s largest heavy equipment maker said it was taking steps to cut production after sales fell across all product segments and in most regions in the latest quarter. Kenny did not say whether the production cuts would lead to a workforce reductions at other facilities. When asked, she said Caterpillar was taking “a variety of actions at its global facilities to align production with demand.”
Henry Guajardo, who runs Workforce Solutions - a state-funded local workforce development agency - said the affected employees were all production workers.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Doubts over trade pact at SE Asian summit due to India's new demandsSoutheast Asian leaders, worried by the U.S.-China trade war, pushed for a deal ...
Baca lebih lajut »
Kristen Stewart Plays World War II Worker, Jury Foreman in Second 'SNL' Hosting GigThe episode also tackled recent political news like Beto O'Rourke dropping out of the presidential race and Trump changing his residency to Florida.
Baca lebih lajut »
Asian shares hit 14-week highs on trade deal hopesAsian shares surged to more than 14-week highs on Monday as growing optimism ove...
Baca lebih lajut »
Global stocks surge on trade-war hopes after Wilbur Ross says talks are 'making good progress'The US commerce secretary said at a conference that the US and China were “very far along” in discussions about an initial trade deal, Bloomberg reported.
Baca lebih lajut »
As Trade War Persists, Companies Contemplate Effective ResponsesAs trade war persists, companies contemplate effective responses paid CroweUSA
Baca lebih lajut »
Dow hits record high amid U.S.-China trade optimismDow hits record high amid U.S.-China trade optimism.
Baca lebih lajut »