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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.) L, i S! Y' p3 Y! L! s
, M; D4 D# l, x: O5 cEvery office and every staff level, from support staff to management, in both provinces were affected, human resources vice-president Miles Hunt said Thursday.& o4 r m% q' z+ d
9 C/ X2 x/ K) D/ d hTwenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.
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) v d0 F# _$ }! M"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.( ^* a; h! w! k m1 ^( D
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It brings Finning Canada's workforce down to about 4,300.
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No hourly workers - who service and rebuild construction and mining equipment - are affected.
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In fact, the company is still hiring mechanics and technicians, Hunt said., ~* i8 R6 e [
$ H: P' p7 C* T( ^6 V% 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.
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* V& c* [( S- ?8 G"It's our customers who are going to get us through this, and that's the last place we want to cut."+ k$ m: Y8 X8 `4 \2 S7 B9 E$ T
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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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/ v( o9 K$ [ _# C2 i"We're still very busy in the oilsands."( a/ ^: ?, b! d( g+ y4 a6 ^
8 a4 n5 f# i- i- }Hunt said Finning has been immune to recent downturns, but is now being affected by slowing sales in some areas.( Q. T2 Z, V: h) P
2 r1 l2 U1 w; q" CThey will continue to monitor the situation, but "we can't say it's the end" of layoffs, he added.; ?+ O7 |) }$ j5 `* J
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The employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said.
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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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$ q. Y# u E& c( LDemand 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.2 j5 y8 e2 x: o
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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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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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