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Tag Archives: Sacked workers

Caterpillar to Cut Up to 10,000 Jobs, Citing Falling Demand

The shock waves from the volatility rocking China and emerging markets worldwide rolled through the American heartland on Thursday as Caterpillar, based in Peoria, Ill., announced plans to cut as many as 10,000 workers, reflecting slumping demand. A caterpillar used to clear old cars Caterpillar, a leading symbol of American exporting …

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