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.
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