09/11/2020

Economy Minister Meets With Caterpillar NI Management

NI's Economy Minister and officials from Invest NI have met with senior management from Caterpillar NI following the announcement of major jobs cuts.

The manufacturing firm has announced plans to cut around 700 jobs in Northern Ireland.

Minister Diane Dodds said: "I made clear my disappointment with yesterday’s announcement by Caterpillar in Northern Ireland and expressed my strong wish that any redundancies are kept to an absolute minimum. My Department and Invest NI will continue to engage with the company and offer support as it enters a period of consultation to ensure the sustainability of both its sites in NI."

The Minister reiterated her Department and Invest NI stand ready to support the company to mitigate the impact.

Caterpillar NI has stated that its decision is not related to Brexit, Covid-19 or the end of the furlough scheme.


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