{"id":5780,"date":"2016-08-17T16:59:11","date_gmt":"2016-08-17T16:59:11","guid":{"rendered":"http:\/\/minutes.machine.market\/?p=5780"},"modified":"2016-08-17T16:59:11","modified_gmt":"2016-08-17T16:59:11","slug":"more-layoffs-at-decatur-il-caterpillar-plant","status":"publish","type":"post","link":"https:\/\/machine.market\/blog\/more-layoffs-at-decatur-il-caterpillar-plant\/","title":{"rendered":"More layoffs at Decatur, IL Caterpillar plant"},"content":{"rendered":"<div class=\"subscriber-preview\">\n<p>DECATUR \u2013 <a href=\"http:\/\/www.caterpillar.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Caterpillar Inc.<\/a> confirmed Monday that new layoffs have been occurring at its factory operations in Decatur.<\/p>\n<\/div>\n<div class=\"subscriber-preview\">\n<p>As is usual company policy, Peoria-based Caterpillar would not confirm the number or types of workers involved, or say when the latest round of job cuts started. Chatter on social media had pegged the total of jobs lost at more than 40, and said they targeted management positions ranging from engineers to superintendents.<\/p>\n<\/div>\n<div id=\"tncms-region-article_instory_top\" class=\"tncms-region \">\u00a0Speaking to the <a href=\"http:\/\/herald-review.com\/news\/local\/more-layoffs-at-decatur-caterpillar-plant\/article_b5d10cae-9861-5651-875a-cb45cebc2b60.html\" target=\"_blank\" rel=\"noopener noreferrer\">Herald &amp; Review<\/a>, Caterpillar described the staff reductions as part of an \u201congoing\u201d effort by its various business divisions to reduce expenses and stay competitive in tough times. When company spokeswoman Rachel Potts was asked if \u201congoing\u201d meant more layoffs are likely, she said that was a reasonable conclusion.<\/div>\n<div id=\"video-ad-asset-container\" class=\"p402_hide\"><\/div>\n<div class=\"p402_hide\">\u201cI think that is a fair statement across the company&#8230; and this is not just happening in Decatur,\u201d she added. \u201cIt is happening truly globally as these businesses work to continue to get costs out.\u201d<\/div>\n<div class=\"p402_hide\"><\/div>\n<div id=\"tncms-region-article_instory_middle\" class=\"tncms-region \">Caterpillar had telegraphed a new layoff punch was coming when it announced its second quarter results in July and said the costs of cutting jobs would rise substantially as it shed more workers. Caterpillar is now in an unprecedented fourth year of sales and revenues declines and slashing costs is its main coping mechanism. Layoff costs for 2016 are now expected to hit $700 million from a previous estimate of $550 million, a jump of 27 percent.<\/div>\n<div class=\"subscriber-only\">\n<p>The company reported that its global workforce had dropped by close to 14,000 workers in the past 12 months as earlier layoffs took hold, falling from 126,800 in June 2015 to 112,900 by June of this year. The number of U.S workers let go totaled more than 7,000.<\/p>\n<ul class=\"list-inline\">\n<li>TONY REID H&amp;R Staff Writer<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DECATUR \u2013 Caterpillar Inc. confirmed Monday that new layoffs have been occurring at its factory operations in Decatur. As is usual company policy, Peoria-based Caterpillar would not confirm the number or types of workers involved, or say when the latest round of job cuts started. Chatter on social media had pegged the total of jobs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5781,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":""},"categories":[2,8,12],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>More layoffs at Decatur, IL Caterpillar plant - MachineMarket Blog<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cranemarket.com\/blog\/more-layoffs-at-decatur-il-caterpillar-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More layoffs at Decatur, IL Caterpillar plant - MachineMarket Blog\" \/>\n<meta property=\"og:description\" content=\"DECATUR \u2013 Caterpillar Inc. confirmed Monday that new layoffs have been occurring at its factory operations in Decatur. As is usual company policy, Peoria-based Caterpillar would not confirm the number or types of workers involved, or say when the latest round of job cuts started. Chatter on social media had pegged the total of jobs [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cranemarket.com\/blog\/more-layoffs-at-decatur-il-caterpillar-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"MachineMarket Blog\" \/>\n<meta property=\"article:published_time\" content=\"2016-08-17T16:59:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/machine.market\/blog\/wp-content\/uploads\/2016\/08\/CAT-plant-decatur.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1140\" \/>\n\t<meta property=\"og:image:height\" content=\"806\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/machine.market\/blog\/#organization\",\"name\":\"CraneMarket | Cranes for Sale and Rent\",\"url\":\"https:\/\/machine.market\/blog\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/machine.market\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/machine.market\/blog\/wp-content\/uploads\/2019\/03\/crane-market-logo.png\",\"width\":282,\"height\":81,\"caption\":\"CraneMarket | Cranes for Sale and Rent\"},\"image\":{\"@id\":\"https:\/\/machine.market\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/machine.market\/blog\/#website\",\"url\":\"https:\/\/machine.market\/blog\/\",\"name\":\"MachineMarket Blog\",\"description\":\"Machine News\",\"publisher\":{\"@id\":\"https:\/\/machine.market\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/machine.market\/blog\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cranemarket.com\/blog\/more-layoffs-at-decatur-il-caterpillar-plant\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/machine.market\/blog\/wp-content\/uploads\/2016\/08\/CAT-plant-decatur.jpg\",\"width\":1140,\"height\":806,\"caption\":\"In this file photo CAT trucks await delivery in one of the storage lots near the plant in Decatur. Herald & Review, Lisa Morrison\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cranemarket.com\/blog\/more-layoffs-at-decatur-il-caterpillar-plant\/#webpage\",\"url\":\"https:\/\/cranemarket.com\/blog\/more-layoffs-at-decatur-il-caterpillar-plant\/\",\"name\":\"More layoffs at Decatur, IL Caterpillar plant - MachineMarket Blog\",\"isPartOf\":{\"@id\":\"https:\/\/machine.market\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/more-layoffs-at-decatur-il-caterpillar-plant\/#primaryimage\"},\"datePublished\":\"2016-08-17T16:59:11+00:00\",\"dateModified\":\"2016-08-17T16:59:11+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cranemarket.com\/blog\/more-layoffs-at-decatur-il-caterpillar-plant\/\"]}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/cranemarket.com\/blog\/more-layoffs-at-decatur-il-caterpillar-plant\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/more-layoffs-at-decatur-il-caterpillar-plant\/#webpage\"},\"author\":{\"@id\":\"https:\/\/machine.market\/blog\/#\/schema\/person\/d55314291bc2800387533231d1e82150\"},\"headline\":\"More layoffs at Decatur, IL Caterpillar plant\",\"datePublished\":\"2016-08-17T16:59:11+00:00\",\"dateModified\":\"2016-08-17T16:59:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/more-layoffs-at-decatur-il-caterpillar-plant\/#webpage\"},\"publisher\":{\"@id\":\"https:\/\/machine.market\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/more-layoffs-at-decatur-il-caterpillar-plant\/#primaryimage\"},\"articleSection\":\"Constuction &amp; Business News,Manufacturer News,Workforce News\",\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/machine.market\/blog\/#\/schema\/person\/d55314291bc2800387533231d1e82150\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/machine.market\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6761c958e8b054582d0855a0e4bc5407?s=96&d=mm&r=g\",\"caption\":\"admin\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/posts\/5780"}],"collection":[{"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/comments?post=5780"}],"version-history":[{"count":0,"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/posts\/5780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/media\/5781"}],"wp:attachment":[{"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/media?parent=5780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/categories?post=5780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/tags?post=5780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}