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差不多占总员工的3.5个百分点。' z4 T2 m% e! g, N* M
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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.+ h% l' \2 k' }9 d
6 _4 m# X4 g# ]0 z9 ZEvery 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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0 Q8 I s' A" M- ?Twenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.- I" \. |7 x) T# _: p
/ g2 q* E" a" X2 c n- e% 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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No hourly workers - who service and rebuild construction and mining equipment - are affected.( R# L$ N, v$ N9 D$ O* E
% E2 H& ~; d* z! TIn fact, the company is still hiring mechanics and technicians, Hunt said.+ P9 E3 b' D) }, w c/ D+ d
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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."0 ^& _% ]4 ]3 l) D2 N
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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. U( b; J3 s6 f4 N& l8 @7 u* m
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"We're still very busy in the oilsands."
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# I: l7 L! n; b6 kHunt said Finning has been immune to recent downturns, but is now being affected by slowing sales in some areas.8 c# O2 q- D8 J; ^5 h
8 @" `$ ^: F; U7 k% sThey will continue to monitor the situation, but "we can't say it's the end" of layoffs, he added.
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& G! U0 W" V$ _+ O3 H9 Q ZThe employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said./ X4 A$ ]1 _0 v) Q0 T
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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.2 b5 n/ k* t1 @, \5 W
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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.0 ^- h: b& W7 c6 S3 n4 X' m
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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 $1.33 billion a year before.$ W. k4 \) d3 B# e. W7 C" f/ U" Q
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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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