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News from the Illinois Valley

CAT announces 300 layoffs

Posted by wlpo on September 4, 2016

Hundreds of Caterpillar employees in Illinois have received layoff notices.
The (Peoria) Journal Star reports that 300 support and management employees at 2 sites in Mossville received job-loss notifications this week that included severance packages and 60 days’ notice.
The heavy equipment maker did not disclose the number of layoffs this week at other locations in the region. The company said it would work to place some of those employees in new positions within Caterpillar and help others find work elsewhere.
The layoffs largely affected engineers in divisions that Caterpillar plans to consolidate.
The company also just announced thousands of intended job cuts in Northern Ireland and Belgium.

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