Layoffs news headline

SEEKING ALPHA writes:

– Union Pacific (NYSE:UNP) plans to run its railroad with nearly 3K fewer workers this year, CEO Lance Fritz tells WSJ, as it pushes ahead with a new operating plan that runs fewer, longer trains.

– The company plans to reduce its average number of workers by ~8% in 2020 after reducing its staffing by 11% in 2019; it averaged nearly 42K workers during 2018, 37.5K during 2019 and only 34.5K in Q4.

To read the full post, ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.