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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.; z. c( y% V9 q% ~0 ~
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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.3 ?5 h. b. ^6 ?/ h. g; Y. x+ u
. p0 [8 p" e5 N7 ^Twenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.. z- P6 p+ w) Z1 W6 Z
! I$ y; O; z6 n) |4 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.
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It brings Finning Canada's workforce down to about 4,300.
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* C# K& L$ B: \$ x7 U7 D2 p: w: A8 tNo 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.( s/ z7 ^0 V/ Q9 [3 N' G
- ?2 E' e* v8 G& t4 [" G"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., @; l* w5 V! D" t* V' B4 k6 Q
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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."
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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.1 Q. R# O6 [+ N
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"We're still very busy in the oilsands."
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# H" j+ k. t2 b9 m' oHunt said Finning has been immune to recent downturns, but is now being affected by slowing sales in some areas.
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o4 G9 f& R9 I; `( [9 r& z, PThey will continue to monitor the situation, but "we can't say it's the end" of layoffs, he added.0 v6 M. Z% M9 N- m7 N+ L, ^0 z
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The employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said., P6 K3 a) V3 l+ T/ l+ j
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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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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.6 a! t% F% @" k, H5 A/ y
! P3 h/ l. ^+ UIts 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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