Do you predict that there will be Caterpillar Layoffs 2021? Any news or rumors?
3 replies (most recent on top)
It’s Cat! They balance their finance with layoffs. Of course there will be more, don’t be naive. As soon as something happens in the economy it will all start again. That’s the way it works, and as long as you accept working in a company that works like that, you support, contribute and accept it! There are financial interests in accepting it. Leaving it has to do with the will for more security and ethics. If you’re scared, feel not secured, move!
I agree, CAT has been moving and shifting around. I also think that due to IL being so expensive it will move its plants to Texas which they have started doing already. More lay offs are in future.
Yes I predict massive layoffs across all plants in tge us due to our next president wanting to move to clean energy. And possibly moving stuff to otger countries.