800 Losing Job with Caterpillar Inc.

800 employees of Caterpillar Inc. are going to lose their jobs soon when the Aurora, Illinois plant closes. As Lisa Miller, the Caterpillar spokeswoman explained to Reuters,
“Out of about 800 production positions, about 500 positions would likely be added to Decatur and about 150 positions would be added in North Little Rock.”
This is only a small piece of the slashes that the company has had to take with the economy as it is. They have slashed over 16,000 jobs and they have said as recently as January that they are thinking of closing two major production facilities, one of which is in Aurora.
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