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TomPegden published Caterpillar to cut 10,000 jobs around the world

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A digger manufacturer with 1,500 staff in Leicestershire is cutting 10,000 jobs globally.Caterpillar, which has an assembly plant at Desford, is planning the cuts after losing billions of dollars in sales.A European spokesperson told the Mercury it was too early to say if and how the Desford operation would be affected.Earlier today Caterpillar's US parent company said it had seen a drop in demand for its construction and mining equipment as a result of the Chinese economic slowdown.Customers in...

Caterpillar to cut 10,000 jobs around the world


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