Belgium -Fixed term workers laid off at Caterpillar -July 9, 2012

Heavy machinery manufacturer Caterpillar has announced it intends to not renew the contracts of 200 employees at the Gosselies facility. Caterpillar states the discontinuation of the contracts is due to a crisis-related drop in orders for the rest of the year and beginning of the next. Trade unions point at 13% increase in the quarterly dividend approved by the board of directors in June and call on the company to find different solutions. The unions have proposed to resort to other measures commonly used to prevent lay-offs such as early retirement for permanent staff and short-time working.

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