Hello all, I’m on here doing some due diligence for myself as well as some of my team members. We currently work for a certain oil company who’s in the process of a very massive but silent downsizing, and their headcount reduction tactic is basically... — read more
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
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.
When is caterpillar going to announce moving the headquarters to texas? J9RV
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
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
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
Do you predict that there will be Caterpillar Layoffs 2021? Any news or rumors?
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
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
Peoria news media are reporting layoffs today https://www.pjstar.com/news/20200430/caterpillar-confirms-peoria-area-layoffs-thursday
Or does Caterpillar have more layoffs in store for us before things go back to normal (if they ever go back to normal?)
Do you have any update about the number of infected and dead people from Cat so far? Shouldn’t this be told clearly?
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.
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 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
What's the impact and what are your thoughts?
Caterpillar is restructuring various divisions right now which means folks are at best ending up with a different job; next best is lose up to two salary grades but keep a job; or ... bye bye. At the same time we are sending more work to India @ 1/5... — read more
I heard this is it true
Does Caterpillar have a contingency plan for the Coronavirus at it’s American factories? My guess is...NO.
Please share any Mapleton news you may have.
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
Layoffs coming to all the plants Any more info on this? Any details? When? How many?
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
This time its contract workers, but i'm betting you we are next. This company has been going downhill for a while now, and I'm at a point where I'm already looking for a way out - before they force me out... — read more
bureaucracy at caterpillar is completely ridiculous... finishing one simple task requires so many steps it probably doubles or even triples the time it would take without so much unnecessary red tape... it's costing us both in time and money... and... — read more
Will there be any Caterpillar Layoffs in 2019?
Caterpillar sees significant headwinds going forward
We make industrial equipment, to build things, the backbone of the economy IMO. I'm in finance, and I can tell you we're dead, so far below former years' sales it's not even funny. We didn't lose to the competition, we don't have terrible management... — read more
Do you really think that executives are that stupid to leak info about layoffs in Peoria.
Hypocrisy of Caterpillar higher-ups never stops to amaze me. They continuously promote safety, but that doesn't translate into practice. When accidents happen, and they happen a lot, they always blame the workers instead of the lack of training or... — read more
Any chance we can decide on a strategy at Caterpillar and then stick to it for more then a year? Seriously, it's not that hard. Just pick one and stick to it. The way we do things now we can't get anything done properly. I'm getting whiplash from all... — read more
I had friends who accepted job offers at Caterpillar and the company waited until they moved out to the middle of nowhere, rented apartments, and uprooted their lives before telling them that their jobs were no longer available. My school actually... — read more