Caterpillar keeps posting good results so I am not concerned. However, the economy is weird right now, the entire tech sector is demolished. Plus the inflation, interest rates, etc.
Heads-up Caterpillar employees. In his address today, CFO Andrew Bonfield stated the company needs to hire from outside to achieve better diversity, equity, and inclusion. You see, employees who have been with the company for a while are, in his... — read more
All companies change, I get that. Nothing good lasts forever, I know that as well. But I didn't expect to see things turn for the worse as strongly as they did. I enjoyed coming to work, but now the work environment is so bad that I can't wait to... — read more
Do you think there may be small/medium/large Caterpillar layoffs? Any chatter, news or rumors?
Can you believe they have started issuing PIP without prior adverse performance discussion on pregnant women. No wonder they will face significant challenge and erosion of brand equity.
Over the past 10 years, thousands of employees suffered forced termination under the guise of restructuring. Leadership watched with glee the destruction of lives and careers. What has changed at Cat? Nothing. Let's take a closer look. Our stock... — read more
When is caterpillar going to announce moving the headquarters to texas? J9RV
it is the title of an article in Barron's. This year was very bad for me, at one point I was really scared thinking that I would be laid off but luckily it went without it, although now I am more actively looking for other options. I’m a bit... — read more
Do you predict that there will be Caterpillar Layoffs 2021? Any news or rumors?
Planned all employee business update at 8am tomorrow morning, workers expect to be told of lay offs across Springvale, Monkstown and Larne sites.
CATERPILLAR demands that agencies and contractors cut the pay of employees, ok I guess I can understand that, then 2 weeks after that is done goes ahead and gives the ok for raises for CAT employees, unbelievable
Well after a 2 week shutdown. We come back to restructuring as they call it. Going to skeleton crew but no word yet when the furloughs or layoffs will start. Just soon.Unslipped product cluttering shop floor. Don't see this plant surviving much... — read more
Or does Caterpillar have more layoffs in store for us before things go back to normal (if they ever go back to normal?)
Peoria news media are reporting layoffs today https://www.pjstar.com/news/20200430/caterpillar-confirms-peoria-area-layoffs-thursday
Unbelievable to see there is no communication at all about the risks, possible infected people among all the employees or even death and about the number of layoffs. I can’t believe this virus contaminated every human being but Caterpillar employees... — read more
We are still working. Have any reductions of headcount been announced at any locations? Any info is valuable at this point.
Do you have any update about the number of infected and dead people from Cat so far? Shouldn’t this be told clearly?
Why are Caterpillar plants in Peoria Illinois continuing to put hundreds of people as well as there families at risk. Its irresponsible, unnecessary and plain out selfish. I get that they need to produce products to continue the flow of income. But... — read more
I heard this is it true
Anyone know how this is doing, I see a lot of buzz around it in the company. is actually something or a smoke screen?
What's the impact and what are your thoughts?
Does Caterpillar have a contingency plan for the Coronavirus at it’s American factories? My guess is...NO.
Confirmed 40 employees being placed on indefinite layoff. Rumors of rolling layoffs to come in April.
Nobody knows when layoffs will happen, but the overall number of employees should be public info. Do you know how many people work at the company? How about the office at Peoria?
Caterpillar upper management always looks at the future with overly optimistic views. We were just told that we overbuilt in 2019 and have too much inventory but that current 2020 projections show we will need to make more product than last year so... — read more
Age discrimination starts at age 30. It's called a succession plan. If you're not on it at age 30, you will be let go by age 50. Cat is not a life long employer. Hiring literature espouses long term employment. There is no such thing as an old boy... — read more
Anyone would care to chime in with a prediction about potential Caterpillar Layoffs 2020? Any news or rumors?
About 100 people. More info on Victoria job loses here: https://www.freightwaves.com/news/caterpillar-inc-announces-layoffs-at-plant-in-south-texas
In Roanoke va
Please share any Mapleton news you may have.
We have been told repeatedly that the product is all sold. Having to work mandatory overtime for two years to build inventory is what I see. Our quarterly bonuses have really taken a dump with goals that are impossible to hit? Just about everyone... — read more
I worked at Caterpillar over 10 years. The culture was outstanding and then global restructuring happened. The new CEO does not care about the culture, just the bottom line, which will deteriorate without the great culture. The company doesn't even... — read more
Layoffs coming to all the plants Any more info on this? Any details? When? How many?