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差不多占总员工的3.5个百分点。' I3 G, A9 F: J2 D% w0 v
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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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% l: l8 {! ^3 r6 J# b$ CEvery office and every staff level, from support staff to management, in both provinces were affected, human resources vice-president Miles Hunt said Thursday.+ _6 @2 B, o' }+ |' x$ q) c
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Twenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.) e, s: ?5 ~7 b$ A$ u2 |3 V. c
Y3 M0 x- y4 T"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.; N3 e% w F2 ~! c
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It brings Finning Canada's workforce down to about 4,300.0 j0 X# z* U) l3 B( A8 p& `4 O
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No hourly workers - who service and rebuild construction and mining equipment - are affected.8 F9 @7 H/ T7 p4 h+ W
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In fact, the company is still hiring mechanics and technicians, Hunt said.
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, V: M" `/ x- Y3 k B$ _" t"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.% r% y N# ^2 z, b
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"It's our customers who are going to get us through this, and that's the last place we want to cut."7 K! Y; Y# x) P6 G
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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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"We're still very busy in the oilsands."7 v: R p f- F$ I
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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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; H/ ?! b: U fThey will continue to monitor the situation, but "we can't say it's the end" of layoffs, he added.
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! b& B, z3 D: q8 @The employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said.1 |, z* x( m# i6 i$ Z1 m
- N6 g# h! E. b) i' F1 mMike 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.2 p: Z) `6 e* f) v+ {
: b+ ]4 b b- Q* M- GDemand 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.- Z$ d6 H# Q2 |5 }) g
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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.
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5 Q- Q% a; L" p wIts 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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