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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.+ ^4 B g9 |/ ] o' _; b* Q" ?
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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.
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5 R: g& y$ D( ]4 p8 v4 D* ^+ ATwenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.5 h$ S: e3 {, [
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"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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+ u+ o- T, E2 sIt brings Finning Canada's workforce down to about 4,300.( ~2 C7 U; p+ T) |) v
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No hourly workers - who service and rebuild construction and mining equipment - are affected.0 ^9 D8 X- l* i# ~1 x# }
+ p( m) X8 n1 L3 A/ vIn fact, the company is still hiring mechanics and technicians, Hunt said.
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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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: G4 X" Y$ P3 ]' V# q"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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G' {- d: T. l, A2 L4 f, T' e6 QThe recent delays and cancellations of oilsands projects - a major income source for Finning - was not a factor in the layoffs, Hunt said.' F, {8 u r& h& e
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"We're still very busy in the oilsands."% y, `8 l% X3 D9 G
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Hunt said Finning has been immune to recent downturns, but is now being affected by slowing sales in some areas.. l6 x) ]0 w4 ]# b- Q! x' {/ ]: Y. Q" M
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They will continue to monitor the situation, but "we can't say it's the end" of layoffs, he added.
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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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7 l1 ~* A. h' t8 B& CMike 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.. @5 T. X0 b7 D( W# s
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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.1 M! p, P8 O( W/ j0 ~8 k: a
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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.2 j ~4 o- L: [8 D1 _
/ ]" b9 A" P! w! yIts 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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