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Caterpillar says it could cut 10,000 jobs to reduce costs

Caterpillar is planning another round of job cuts that could exceed 10,000 people through 2018, as the construction and mining equipment maker adjusts to downturns in key markets that it serves. That would amount to more than 8 percent of the 126,800 employees it had globally as of June. The Peoria, Illinois, company said Thursday that it ...

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