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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.
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3 o' X2 o K) W' G: }5 H+ uEvery office and every staff level, from support staff to management, in both provinces were affected, human resources vice-president Miles Hunt said Thursday.+ H! M3 Q8 }# y9 r& ^
+ G R' p4 H8 \; k$ o$ |9 U7 c1 ?9 E6 ITwenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.2 ]7 M. A) q' A" q
0 y% Y( s, d) Y9 Q"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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& S/ y3 A$ ^" |It brings Finning Canada's workforce down to about 4,300.# J, P0 k& j% [# k4 N
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No hourly workers - who service and rebuild construction and mining equipment - are affected.8 W- D9 S6 K3 }5 ?: }5 t8 d
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In fact, the company is still hiring mechanics and technicians, Hunt said.
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. ` l$ s2 ?0 C0 y1 G"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 X* `2 o# G A- h) }3 {8 U0 \"It's our customers who are going to get us through this, and that's the last place we want to cut."3 c3 |) u( r3 x: \0 _7 S# W+ i/ A
# H8 R1 w% ~ r: q) f' ]* \; WThe recent delays and cancellations of oilsands projects - a major income source for Finning - was not a factor in the layoffs, Hunt said.4 p" J% q5 @& i: {
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"We're still very busy in the oilsands."4 F6 g# ~3 c X$ C+ W
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Hunt said Finning has been immune to recent downturns, but is now being affected by slowing sales in some areas.
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2 p# P/ B: a, b ` ?8 d5 c- Y/ KThey will continue to monitor the situation, but "we can't say it's the end" of layoffs, he added.
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The employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said.+ i7 D4 x7 H; G
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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.
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Demand 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.9 _$ u5 [5 k/ t# T$ `: I
) U2 G/ U* w" o+ YFinning 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.3 G9 F- k- ^; `/ ]
& i" j' q+ H+ Q" `0 @- mIts 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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