Posted by Dave from MN on January 26, 2009 at 08:01:39 from (96.24.108.212):
In Reply to: Re: Cat laying off posted by Casey in Ky on January 26, 2009 at 07:48:32:
I think they are trying to preserve what they made, why go into a loss year and noot do what you can to be preventative. I know a few people that have deposited into CAT, at a fixed return of 8% or more. I beleive some said it was eight years. Cat has to make good on that dont they. I am looking at a tough year as well and I reduced my labor for barn clean out by 80% this last time, and will be ONLY having hired help on days that NO ONE in the family will be able to do it. That'll save me a few thousand this year, and I am jusyt a small operator with a chicken barn. CAT doesnt want to go the way of past companies and wait until they are in a position of no return. I feel for the layed off, but I bet them employees have a better chance of having a job there in the near future. Cant say that for some of the others that are digging them selves deeper.
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