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差不多占总员工的3.5个百分点。
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Finning Canada has laid off 160 salaried staff in Alberta and B.C. as sales of Caterpillar equipment slows in the economic downturn.) o: \* k" _! _- \# [
# D* I8 [& K+ U! s& R3 R8 D0 {Every office and every staff level, from support staff to management, in both provinces were affected, human resources vice-president Miles Hunt said Thursday.0 i2 ^- T. M( \3 Z0 U2 \5 q% x
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Twenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.
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4 Q3 O/ C# [ i; R9 ["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.
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It brings Finning Canada's workforce down to about 4,300.# V7 }+ S6 K1 ^. ^
# }7 s7 I, l, B4 ~* T: ENo hourly workers - who service and rebuild construction and mining equipment - are affected.2 B0 r" j# z/ u& M7 Q8 F
8 v' j: \% }9 ]4 v$ i3 Z9 t0 gIn fact, the company is still hiring mechanics and technicians, Hunt said.
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$ e' `% d/ Z) m: 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.+ N! Y* L9 V. X b0 z
3 V- c3 q+ Y4 @5 n+ T# ~$ R, \"It's our customers who are going to get us through this, and that's the last place we want to cut."$ [; w! n$ D# {' H/ _
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The recent delays and cancellations of oilsands projects - a major income source for Finning - was not a factor in the layoffs, Hunt said.% H: g+ N# L# [- b
( v/ g2 a6 ?8 G! V- G$ k/ M& h"We're still very busy in the oilsands."( [& Q0 Y; B* q* ]
9 i$ V( W2 {) N7 eHunt said Finning has been immune to recent downturns, but is now being affected by slowing sales in some areas.
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They will continue to monitor the situation, but "we can't say it's the end" of layoffs, he added.0 G" J3 g5 C: P3 S5 v
' ]! e9 k I# F1 s m5 tThe employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said.
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* }+ f2 r4 |" A! \2 p' QMike 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.. U4 f5 k, |# G6 F/ Y/ N
0 Q) s, Z, t c2 M1 z6 E$ NDemand 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.
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: X' N: R; |- Q3 @" J, H; RFinning 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.
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8 k6 S8 O8 h& Y/ L8 n' d) LIts 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. |
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