Unfortunately, Caterpillar Inc. has initiated a new round of layoffs as families are preparing for the upcoming holiday. An undisclosed number of employees received notices yesterday as part of cost saving measures on the part of the struggling company. According to a company spokesman, those affected may be placed in other available positions, while others will receive severance packages and outplacement services in order to find work. These days, manufacturing jobs in the U.S. can be … [Read more...]