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差不多占总员工的3.5个百分点。
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& W# N% [; t4 ]: V9 u* ^, hFinning 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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% t3 ?6 h: T# j2 wEvery 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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c- t- M! u MTwenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.7 m+ N) o0 C' `: E
% ^0 g7 I) x5 k& Y"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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9 Q, t/ g1 [ ~9 KIt brings Finning Canada's workforce down to about 4,300.
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7 B' [+ {' l( A6 DNo hourly workers - who service and rebuild construction and mining equipment - are affected.
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4 }% D0 L y: R0 DIn fact, the company is still hiring mechanics and technicians, Hunt said.- l' f8 m9 L' C6 Z6 c, \
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"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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"It's our customers who are going to get us through this, and that's the last place we want to cut."7 Z' t- X/ I6 B" h, B7 \7 r; e6 I
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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.$ \$ i* X4 j9 s5 f% b1 z
0 p( \$ U9 K& ~5 n2 ^$ M"We're still very busy in the oilsands."' B9 W; ~. R7 Y5 \7 `
" j' z7 K( H6 D) G* gHunt said Finning has been immune to recent downturns, but is now being affected by slowing sales in some areas.# Z$ U& x' H3 ?: d' w* c, F: Y$ x
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They will continue to monitor the situation, but "we can't say it's the end" of layoffs, he added.' {/ }! A7 P) P& j1 I- f
: B0 g; f3 \. D1 P R5 JThe employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said.& l# B8 D& G* M$ N7 O
% e& M/ l% {, l. X, L oMike 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.) C* Z0 H+ |* X" ]$ X- a9 {; O
+ E& }' R3 Y: Q/ ^% aDemand 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.
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) E( q- N5 l, x4 u* D1 @( cFinning 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.% N2 w- d" ]+ x- x' m
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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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