Caterpillar to lay off 300 employees by July

Tue May 07, 2013 - National Edition

The Chicago Tribune is reporting that the Earth-moving equipment maker Caterpillar Inc. will lay off an additional 300 employees in Decatur, Ill., by July.

Peoria-based Caterpillar said in April that it planned to cut roughly 500 workers at that facility. Together, the 800 layoffs represent about 20 percent of the plant’s workforce.

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