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差不多占总员工的3.5个百分点。 n% @4 f. D, r+ R* f& W) K. c
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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.
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( q( b) t/ S, C0 K$ e+ Y8 ~Every office and every staff level, from support staff to management, in both provinces were affected, human resources vice-president Miles Hunt said Thursday.) I0 y$ _9 X; \( S! x8 e
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Twenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.
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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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4 t' V" M9 f+ g, m5 J& b' j$ VIt brings Finning Canada's workforce down to about 4,300.
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! R: A8 Q+ L& E% u3 `No hourly workers - who service and rebuild construction and mining equipment - are affected." T3 o# ^5 ~ m7 G. }
5 A- u1 |1 }0 z' K; NIn fact, the company is still hiring mechanics and technicians, Hunt said.
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6 U7 C) w* k+ V/ w, D7 M"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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% F' `/ I/ X5 Z: m: m, Y% C: z"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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The recent delays and cancellations of oilsands projects - a major income source for Finning - was not a factor in the layoffs, Hunt said.8 X- _% k1 w0 b
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"We're still very busy in the oilsands."
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Hunt said Finning has been immune to recent downturns, but is now being affected by slowing sales in some areas.
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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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4 g8 u T! R3 }7 MThe employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said.+ Q0 O+ G, K: k0 X5 n9 _
$ K- j# w9 y+ B" dMike 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.
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l" _& T' a: |+ X8 i/ v# vDemand 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.
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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 $1.33 billion a year before.! [4 C; @# d `& ^. J; e$ I
+ a. _+ j$ {* }; i6 k) \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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