{"id":17707,"date":"2020-11-05T11:14:53","date_gmt":"2020-11-05T15:14:53","guid":{"rendered":"http:\/\/irishexaminerusa.com\/wp\/?p=17707"},"modified":"2020-11-06T11:15:42","modified_gmt":"2020-11-06T15:15:42","slug":"caterpillar-to-cut-up-to-700-jobs-in-the-north","status":"publish","type":"post","link":"https:\/\/irishexaminerusa.com\/wp\/?p=17707","title":{"rendered":"Caterpillar To Cut Up To 700 Jobs In The North"},"content":{"rendered":"

\"\"US manufacturer Caterpillar is planning to cut up to 700 jobs in Northern Ireland.<\/p>\n

It will affect workers at its plant in Larne, Co Antrim.<\/p>\n

It is expected to be completed within 18 months and is designed to ensure the competitive future of the firm.<\/p>\n

Caterpillar is a world-leading manufacturer of generators.<\/p>\n

Joe Creed, vice president of Caterpillar\u2019s Electric Power Division, said: \u201cWe recognise that what we are considering is difficult for our employees, their families and the community.<\/p>\n

\u201cWe do not take these contemplations lightly; however, we must plan for future business needs to be competitive.\u201d<\/p>\n

The Caterpillar manufacturing facility in Springvale will not be affected by the job cuts.<\/p>\n

The total number of Caterpillar employees in Northern Ireland is currently about 1,600.<\/p>\n

The announcement is part of the company\u2019s ongoing plans to better utilise existing capacity and improve cost competitiveness.<\/p>\n

It is unrelated to Brexit, Covid-19 or the end of furlough schemes.<\/p>\n

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