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Caterpillar Inc. again is
cutting the hours of employees at its locations in
said in a notice to state officials.
Nearly 160 workers at Caterpillar Logistics Services Inc. will have their hours
reduced by at least half starting Aug. 24, the company said. The new work
schedule is expected to last for more than six months.
985 non-union workers at its
also would have their hours cut by at least half, beginning on the same day in
August. The reduction could last for more than six months as well.
latest in a string of cost-saving measures the company is implementing to deal
with slumping sales.
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