The hottest market is weak, and Carter plans to la

2022-10-18
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Market weakness Carter plans to cut 1400 jobs in Belgian factories

market weakness Carter plans to cut 1400 jobs in Belgian factories

China Construction machinery information

Guide: on the evening of February 28, Beijing time, Caterpillar (CAT), the world's largest construction and mining equipment manufacturer, announced on Thursday that due to rising labor costs and weak growth in the European market, It plans to lay off 1400 people at the Gosselies factory near Charleroi, south of Brussels, Belgium (char Project Manager markclabaugh said in an e-mail that Leroi)

in the evening of February 28, Beijing time, Caterpillar (CAT), the world's largest construction and mining equipment manufacturer, announced on Thursday that due to rising labor costs and weak growth in the European market, plan 2. The strength test of pipes laid off 1400 people at Gosselies factory near Charleroi, south of Brussels, Belgium, equivalent to more than one third of the 3700 employees of the factory

the company said that in addition to layoffs, it would take other measures to restore the competitiveness of the plant. Nicolas polutnik, CEO of caterpillar Belgium, said: "although these measures are painful, they are essential to maintain the competitiveness and survival of our factory."

caterpillar said that Gosselies factory was affected by the low growth prospects and high labor costs in Europe. At present, the production cost of this factory has exceeded the cost of importing machines from other caterpillar factories into Europe

Gosselies factory is one of Caterpillar's largest factories in the world, producing hydraulic excavators, loaders, and engine parts. In the past five years, caterpillar has invested 210 million euros (about US $275 million) in the plant

this layoff is one of a series of large-scale layoffs in Belgium recently. Last month, ArcelorMittal, the world's largest steelmaker, announced plans to close its plant in Liege, Belgium, which could cause about 1300 people to lose their jobs. Ford Motor Company (f) also announced in October last year that it would close its plant in Genk, Belgium, which may result in the layoffs of 4500 employees. At present, the unemployment rate in charlerova is as high as about 20%, which is twice the national average level of the heat exchange rate that affects the importance of theoretical research on optical tube meters

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