Location: Pontiac, Illinois, USA.
Based on news reporting.
Caterpillar Inc. has announced layoffs affecting 50 employees at its Pontiac facility, attributed to a recent change in contracts. The layoffs are set to take effect on October 1, 2023. This decision comes as the company adjusts its workforce in response to evolving business needs and contract obligations. The Pontiac site has been a significant part of Caterpillar's operations, and this reduction reflects broader challenges within the industry. The company has not specified if further layoffs are anticipated in the future.
Caterpillar Inc. cut 50 jobs as of October 1, 2023.
LayoffTalk has tracked 4 layoff events at Caterpillar Inc. since October 2023, affecting a combined 230 employees.
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