With no accord reached, Caterpillar France to lay off 733 workers

05/12/2009 | Forbes

Caterpillar France announced plans to lay off 733 workers at two factories in the country. The equipment manufacturer had offered to reduce the layoff number to 600 if workers signed an accord, but that didn't happen. Caterpillar France said orders have declined by 55% from 2008 to 2009.

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