 鲜花( 0)  鸡蛋( 0)
|
差不多占总员工的3.5个百分点。4 h9 F$ {- J/ q& |5 j) a/ f' \% {9 h
+ C/ v- ]( b. }Finning Canada has laid off 160 salaried staff in Alberta and B.C. as sales of Caterpillar equipment slows in the economic downturn.
% b0 ~8 L# \, E) G! R# L( w* X0 d8 \ p2 r
Every office and every staff level, from support staff to management, in both provinces were affected, human resources vice-president Miles Hunt said Thursday.
; i" {) C0 n' ?5 r3 f4 T) g
, w" O8 ?, M6 n& x* K4 T+ N7 S! ZTwenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.
: u8 o4 c. y2 l1 e: h" b. x. J0 b. \" w5 M1 {( I1 y, c0 V) ^) O
"It's the toughest decision we have to make in our business life, and it's been a hard few days for us," Hunt said.
& I: |1 s- l% e$ ~) A% `1 M" a, S( b& W8 r! q
It brings Finning Canada's workforce down to about 4,300.
8 c- o, k; `4 C3 e7 ^# n0 l T
% s/ h+ n/ p8 [; TNo hourly workers - who service and rebuild construction and mining equipment - are affected.6 S* {3 m. a9 o9 M1 D
1 f, w2 @: p' P
In fact, the company is still hiring mechanics and technicians, Hunt said.( k) ^ I4 A' C& x
( @1 P. b" i9 L; e& [" T"That's the paradoxical thing. Even though things are changing, Fort McMurray (Alta.) is still growing, and we need more people up there," he said./ C5 }8 H9 H0 e3 O0 ?7 D
# o2 M& i, L, [: T6 ^6 W; ]8 r"It's our customers who are going to get us through this, and that's the last place we want to cut."' a+ r! R4 A% C v7 _0 V: e) r
8 ?& O- d) t4 I& Y1 ]' {
The recent delays and cancellations of oilsands projects - a major income source for Finning - was not a factor in the layoffs, Hunt said.
; s4 q6 D& u/ F8 M% w6 \6 H- e1 r' G/ |. o% G F3 f
"We're still very busy in the oilsands."
) y- T' y' @! J+ B# y W c
, D4 C% p+ o, s# k! n8 QHunt said Finning has been immune to recent downturns, but is now being affected by slowing sales in some areas.
: E# m9 |0 ^1 P% T- [( t
+ V, X* Y; Z g* p7 N5 _1 YThey will continue to monitor the situation, but "we can't say it's the end" of layoffs, he added.
" I5 w1 N0 B7 Y' ?( W. M5 Y, o
2 h9 K2 q: f. S( z# k& s# q( XThe employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said.2 f# F3 j+ E/ U# J G
9 D; X7 B% Y- c/ l' W! \Mike Waites, CEO of Vancouver-based parent company Finning International Inc., recently lowered the 2008 earnings guidance due to a slowdown in some of its businesses in Western Canada and the United Kingdom. l, G: b* G; V- {2 C: S& q" D
2 m- L6 m# \( k _6 J, V$ fDemand for new equipment will likely soften and some purchases may be deferred, but that will result in an increase in its parts and service business - Finning's most profitable business - he said.0 o0 O4 F* h0 D0 q- m& m+ I% |
" ]3 U: N9 i( E8 T2 } v5 D7 a& {Finning reported third-quarter net income of $64.8 million compared to $63.6 million for the same quarter last year. Revenues were a record $1.46 billion, compared to $1.33 billion a year before.! {# Q; m% O5 R' F1 p9 W8 q) j
' N' |6 k. g, U" ~3 y/ P
Its order backlog has also grown to a new record of $2 billion, dominated by mining equipment, "and provides good revenue visibility for 2009 and into 2010," Waites said. |
|