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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., T/ _( Y8 m- _/ \5 |, }, ^
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Every 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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3 Q. G- M- }' VTwenty-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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8 S+ V1 v2 J7 y7 sIt brings Finning Canada's workforce down to about 4,300.
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- e- e6 J/ S+ b0 \2 [( Y- N( iNo hourly workers - who service and rebuild construction and mining equipment - are affected.8 ^0 O: O6 \# P; e
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In fact, the company is still hiring mechanics and technicians, Hunt said.
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- Z' `- z" `4 u, y, k"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.5 Z9 m# e+ A" w! f4 ^
! |& w. q7 y; D; a+ ]; C"It's our customers who are going to get us through this, and that's the last place we want to cut."; g* L* V* b" z/ m$ o) L9 a2 E
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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.
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1 V) P8 o g0 l0 `, g"We're still very busy in the oilsands."! @ T; z/ y( O$ n- H0 a$ ^+ C9 Y
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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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) i0 x- C/ Y" t/ B; SThey will continue to monitor the situation, but "we can't say it's the end" of layoffs, he added.
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$ Y9 s$ L; \: Y9 i$ {6 ~0 Y2 dThe employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said.
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9 O2 ?, L! j1 e4 pMike 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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+ C- C, J7 y% _+ A. L/ `/ pDemand 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.; V4 A/ D) L+ V @. e7 K# g
7 L" _" \' |1 J4 {Finning 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 $1.33 billion a year before.( q: q+ E' i$ N
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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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