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差不多占总员工的3.5个百分点。
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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.5 J' B( d" a( ~! o8 _
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Every office and every staff level, from support staff to management, in both provinces were affected, human resources vice-president Miles Hunt said Thursday.4 }, g; Y5 W4 D. v- c* L
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Twenty-nine people lost their jobs in Edmonton, where Finning Canada has its head office.6 j! S j: M5 E w" q. |
) k4 ]3 y6 @4 Y5 K7 J/ Z5 t: c"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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1 U2 q! }+ ?5 P- R8 V) f3 nNo hourly workers - who service and rebuild construction and mining equipment - are affected.
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8 ~5 L+ {/ r' i8 \9 d% E( eIn fact, the company is still hiring mechanics and technicians, Hunt said.
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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.+ ~- ^1 p+ s2 ~# A' N$ _
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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.", v- S5 X) |9 D* ^* Z7 m# m
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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.0 ^. f' O* C- n
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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. q5 K! `: A3 M- F7 t
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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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The employees, most of whom got the bad news Wednesday, will get severance packages and outplacement help, he said.
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2 h6 h- a, r/ C' k$ oMike 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.1 \) ~ H- j, c- V8 i) t$ U
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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.- U1 r1 o) K: {" A$ i2 ]$ r4 a
5 H$ }, F3 Y2 c) a6 TFinning 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.
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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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