Location: Peoria, Illinois, USA.
Department affected: Engine Center.
Based on news reporting.
Caterpillar Inc. has announced plans to lay off approximately 200 employees at its Engine Center in Peoria, Illinois. This decision is part of a broader restructuring effort aimed at improving operational efficiency and adapting to changing market demands. The layoffs are expected to take place in the coming months as the company seeks to streamline its workforce. Caterpillar's management indicated that these changes are necessary to maintain competitiveness in a challenging economic environment. The company remains committed to supporting affected employees during this transition.
Caterpillar Inc. cut 200 jobs affecting its Engine Center team.
That is roughly 0.2% of the 113,200 people Caterpillar Inc. employs.
LayoffTalk has tracked 4 layoff events at Caterpillar Inc. since October 2023, affecting a combined 230 employees.
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Estimated figure based on news reporting. Not yet confirmed by Caterpillar Inc..
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