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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. Y! }6 r6 M* E
1 V* a i/ Y7 N. _# U yEvery office and every staff level, from support staff to management, in both provinces were affected, human resources vice-president Miles Hunt said Thursday.
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Twenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.
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"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.* y* v. ^7 h3 }/ f2 K
2 J+ F; h% p, i+ d4 X) n. [No hourly workers - who service and rebuild construction and mining equipment - are affected. K: G9 V& i' `/ ?. r l) q* z2 m
8 S( m0 o) R% ^5 c) Y+ PIn fact, the company is still hiring mechanics and technicians, Hunt said.
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$ b. L$ X9 w. d4 E3 u7 ?! E"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.
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4 y5 o3 W; C }2 x8 ~) F5 Q"It's our customers who are going to get us through this, and that's the last place we want to cut."
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/ d( ] Q$ V! z& CThe recent delays and cancellations of oilsands projects - a major income source for Finning - was not a factor in the layoffs, Hunt said.
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"We're still very busy in the oilsands."
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Hunt said Finning has been immune to recent downturns, but is now being affected by slowing sales in some areas.1 ~# r1 f& b/ e* X a
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They will continue to monitor the situation, but "we can't say it's the end" of layoffs, he added.+ S9 ]; v2 ?7 r8 W
% n7 g/ ^6 v4 K8 k; lThe employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said.' k3 U/ P' A" T' z
* A% R' k. X8 \* z! O! q' E2 p+ dMike 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.
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7 L( O# l6 I" ?; O) P- D7 sDemand 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./ U |: f4 q. h! i$ u3 ~
1 a& p% i, u) p- XFinning 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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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. |
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