Caterpillar cuts | Arkansas Blog

Caterpillar cuts



Caterpillar announces 20,000 job cuts on top of earlier voluntary incentives to retire. Plus, it is freezing most salaries.

No mention of impact on the new 600-employee Caterpillar motor grader plant recently announced for NLR (perhaps because it anticipates costs will be much lower here.)

UPDATE: Roby Brock reports that the NLR plant was discussed in Caterpillar's briefing today. It appears safe. It was described as important to the company's long-term strategic plans.

And I got a quick one-word response to my question to the company about any connection between layoffs and NLR plant: "No."

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