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Bobcat Cautions More Job Cuts Coming

2008-11-15 06:26:00
Author: BizWire

Fargo, ND - While many numbers in North Dakota are looking good, not everyone is escaping the problems.

Bobcat in Bismarck and Gwinner announced today it may be laying off more workers.

Bobcat officials issued a statement today saying the company is doing all it can to deal with current market and financial conditions.

The company has reduced all nonessential costs, minimized supply and equipment purchases and put into place additional marketing and financing campaigns to stimulate new business.

Bobcat recently announced it is offering voluntary severance packages to hourly employees in its Bismarck facility.

Today, officials say that offer in being extended to even more employees in Bismarck as well as in Gwinner.

They also say that depending on market conditions, involuntary job cuts may be necessary in the future.

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