Caterpillar records first-quarter loss; high redundancy costs

Since late last year Caterpillar Inc. (CAT-N) has laid off 10,000 of its full-time employees and eliminated 15,000 workers from its part-time payroll, bringing its redundancy costs in the first quarter of 2009 to US$558 million before tax, or 58...

By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close