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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.
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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.$ k, p& f8 t$ L' u- ]; u7 L
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Twenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.
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; \8 h3 r* r7 X6 Z; Q7 m8 C2 Z* d"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.- ]9 L* s b) w ~, l
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It brings Finning Canada's workforce down to about 4,300.' u9 |' d5 s* A$ _9 ]
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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.
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5 g t. ^. x$ i) L" p" N"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.- k- j D2 a) m0 j; J$ F' o- \% k% M
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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.", h5 \4 ]2 ?+ M& j, c
0 @+ }# j2 Q7 U" q5 g- MThe 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."
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6 o6 b# w; t. A" FHunt said Finning has been immune to recent downturns, but is now being affected by slowing sales in some areas.
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4 L0 E9 d# B/ f, fThey will continue to monitor the situation, but "we can't say it's the end" of layoffs, he added.: K1 T7 U9 o: I0 |: S9 X
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The employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said.: o, W* A" H- O( T
; H2 P% Z1 D3 n# K+ K; Q* vMike 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.+ }* q! s0 u m. Z0 W8 H# h
- u; w2 C. F* m( g2 ]Demand 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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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 $1.33 billion a year before." ~7 m& [" K- S$ ^
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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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