Monday, January 26, 2009

Caterpillar to slash 20,000 jobs as profit falls - Yahoo! News

CHICAGO (Reuters) – Caterpillar Inc announced it would cut nearly 20,000 jobs and warned of a tough year ahead as a downturn that began in the United States metastasized into a full-blown global recession, gutting orders for earth-moving equipment.

http://news.yahoo.com/s/nm/20090126/bs_nm/us_caterpillar

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