Sept 2 Heavy machinery maker Caterpillar Inc
said it could lay off about 2,000 employees at a plant
in Belgium, as it considers shifting production to other
facilities as part of a restructuring program announced last
The company, which manufactures construction equipment at
the plant in Gosselies, Belgium said it may shift the production
to its facility at Grenoble, France and other locations outside
Caterpillar said in September 2015 that it will cut as many
as 10,000 jobs through 2018 and also might close or consolidate
more than 20 plants around the world as it grappled with the
mining and energy downturn.
In July, Caterpillar said that global uncertainty, the vote
in Britain to leave the European Union and the attempted coup in
Turkey had heightened risks, especially in Europe.
(Reporting by Gaurika Juneja in Bengaluru; Editing by Amrutha