Caterpillar layoffs": Caterpillar to ...

Caterpillar layoffs": Caterpillar to lay off another 2,500 workers

There are 49 comments on the Chicago Tribune story from Mar 17, 2009, titled Caterpillar layoffs": Caterpillar to lay off another 2,500 workers. In it, Chicago Tribune reports that:

Caterpillar Inc. , gearing down production even further in response to still-eroding global demand, disclosed plans Tuesday to idle an additional 2,454 U.S. workers, including 1,726 in Illinois.

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LookingForLeader s

Naples, FL

#1 Mar 17, 2009
Obama lied when he stood in front of Caterpillar he stated that when his stimulus passes, Caterpillar would rehire all the laid-off worker.
zermatt

Chicago, IL

#2 Mar 17, 2009
There seems to be a disconnect between the stimulus plan and the projects that would save jobs.

My recollection is that the job intense projects were 2 to 3 years away or just in time for re-election.

Both parties are filled with self serving opportunists.

Obama misrepresented himself as being different and not part of the Washington establishment or if he wasn't before he sure is now.
jfr

Virginia Beach, VA

#3 Mar 17, 2009
LookingForLeaders wrote:
Obama lied when he stood in front of Caterpillar he stated that when his stimulus passes, Caterpillar would rehire all the laid-off worker.
That was just one of many. Remember that immediately after he said that, the prez of CAT said more layoffs may be coming!
Kathy

Pekin, IL

#4 Mar 17, 2009
LookingForLeaders wrote:
Obama lied when he stood in front of Caterpillar he stated that when his stimulus passes, Caterpillar would rehire all the laid-off worker.
Did you read the article? The lay-off should only last 6 months. Maybe if the banks would start lending money again the economy would start moving again. Remember who got us into this mess in the first place.
Morton Mike

United States

#5 Mar 17, 2009
Kathy, Don't show your Keith Olbermann side. You can't blame everything on George anymore and have anyone but nutbags hear you. O'bama is a rookie, much worse than anyone could have imagined. A true lightweight that has turned the White House into Animal House. Someone said that he might night do the weekly Wednesday night party thing since he is going to party all day today. This guy is a joke.
Karx Marx

New Lenox, IL

#7 Mar 17, 2009
Don't worry. The Chosen says that the ressesion is almost over and happy days are here again.
Mayor Daley Slave

Oswego, IL

#8 Mar 17, 2009
Kudos to Jim Owens who stood his ground about hiring people back after the bailout was signed. I think more CEO's should stand up and tell workers the truth especially since Obama was pandering to the cameras and talking about something that wasn't true. He is such a liar! Lies about "sunrise before signing" - his belief that the public has 5 days to review any non-emergency bill, no earmarks, no lobbyists working on his staff, doesn't believe in big govt, etc, etc, etc.
zermatt

Chicago, IL

#9 Mar 17, 2009
Kathy wrote:
<quoted text>
Did you read the article? The lay-off should only last 6 months. Maybe if the banks would start lending money again the economy would start moving again. Remember who got us into this mess in the first place.
Who wouldn't want to be laid off for six months?

I am sure that most of the laid off employees would agree with you, because they really don't need the income.

What happens if the six months expands to 9 months and then a year?

I know exactly what you are thinking - that still isn't that bad.
WWIIbaby

Altoona, PA

#10 Mar 17, 2009
Well...way too many folks have Attention Deficit Disorder here. This mess did not occur in 90 days and it will not be solved in 90
days. Way too many folks are watching way too much television as well. Get outside and clean your yard! Get a newspaper and apply for the jobs that ARE out there! Go volunteer at a soup kitchen and thank your lucky stars that you are NOT in those circumstances.
QUIT griping and start HELPING!!
Albigensian

Morristown, NJ

#11 Mar 17, 2009
Perhaps the UAW should protest by calling for a strike against Caterpillar-- after all, the last strike worked out really well. Didn't it?
Sue

United States

#12 Mar 17, 2009
Kathy wrote:
<quoted text>
Did you read the article? The lay-off should only last 6 months. Maybe if the banks would start lending money again the economy would start moving again. Remember who got us into this mess in the first place.
So your interpretation is that Obama didn't lie because the layoff will only last 6 months? Right. Wake up...all politicians lie. It has nothing to do with whether they are Democrat, Republican, Independent, Green, etc. They lie to push their agenda, to get elected or re-elected.

I remember EVERY politicans that got us into this. Many are still in office; and if they run again, I won't vote for them. Again, doesn't matter the political affiliation here. Obama is just as much to blame as any other politicans since he was our elected representative in the Senate.

The banks are lending to those that QUALIFY and have means to repay the loan. You are criticizing lenders for NOT doing exactly what got us into this mess to begin with: lending to those that DID NOT qualify.
Miz

Englewood, CO

#13 Mar 17, 2009
How is it that every single thing that ever has or ever will go wrong in the world can somehow be tied to Obama? It's just amazing! He must sure have some kind of power to be able to destroy the entire world like this.

In all seriousness, Cat laid off people for "at least" six months. So while it's a great thing that they're going for temp layoffs rather than immediately doing permanent layoffs, but those people won't get hired back unless the economy picks up to where people are building new things that require Cat's various earthmovers.

Also, iirc, the people in the Decatur plant are still receiving benefits and some pay. It's not 100% pay obviously, but it's still something. That's huge because it gives those people more of a cushion than unemployment would. They've also offered early retirement packages to avoid laying off even more people.

Sometimes layoffs are inevitable, but Cat is doing what they can to keep its employees afloat along with their business. Kudos to them for that.
Jeff

Miamisburg, OH

#14 Mar 17, 2009
Remember how Obama told us they'd all get rehired if his stimulus was passed?
Joe

North Chicago, IL

#15 Mar 17, 2009
Obama, as usual, lied about how the stimulus package will stop the layoff at Caterpillar. Every day, you'll find something that he lies about. His credibility, just like everyone's 401K, is in the toilet, and it's getting worse and worse.
MikeyS

Naperville, IL

#16 Mar 17, 2009
Too bad the Caterpillar workers aren't public school teachers. Then they'd never be laid off.

Bumper Sticker: If You Are Overtaxed - Thank A Teacher
MikeyS

Naperville, IL

#17 Mar 17, 2009
Jeff wrote:
Remember how Obama told us they'd all get rehired if his stimulus was passed?
I don't think Obama lied when he said that. I just don't think Obama knows what the heck he is doing.
MWolf

Joliet, IL

#18 Mar 17, 2009
The guy has been in office for 56 days now people, chill out, not everything can change and be corrected in just a few weeks. You're going to see layoffs for a lot longer to come and none of that has anything to do with what has happened in the last few months. Mistakes have been made by both parties over the years and now it's going to take several years to correct them. It's not 1 persons fault, and it will take more than 1 person to correct them.
Kathy

United States

#19 Mar 17, 2009
Morton Mike wrote:
Kathy, Don't show your Keith Olbermann side. You can't blame everything on George anymore and have anyone but nutbags hear you. O'bama is a rookie, much worse than anyone could have imagined. A true lightweight that has turned the White House into Animal House. Someone said that he might night do the weekly Wednesday night party thing since he is going to party all day today. This guy is a joke.
Spoken like a true republican. The people of this country voted for a change. Maybe you should give him some time, he hasn't even been in office for 100 days yet. My husband works for CAT, I've seen it all and lived through layoffs, my concern is for the people losing there jobs. What's yours?
America First

Melrose Park, IL

#20 Mar 17, 2009
Within the last few days, I read the story of a Mexican woman that used someone else's social secutiry number and medical identity to get free cancer treatment, etc. to the tune of $500,000.

The article stated that latinos are drawn to the Rock Island/Moline area because of the jobs at the John Deere plant.

How many employees at the John Deere plant, or the Caterpiller plant, are illegal.

Using the E-Verify system could give the American economy a real "stimulus"
type boost.
truth to power

Melrose Park, IL

#21 Mar 17, 2009
Well I don't feel bad for them, they are getting $1 million dollar bonuses!.

Oh. Right. These are regular people. They don't get bailed out, just set adrift.

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