Union Pacific Railroad said yesterday that it plans to eliminate “several hundred” management jobs in Omaha and elsewhere in the coming months, as the Class I addresses falling cargo volume, according to a report on Omaha.com.
The job cuts, which will come from “terminations and attrition,” are part of “necessary steps to align resources with current business requirements,” according to the article, which cited a company statement.
“For our company’s long-term success, we must take these painful actions to balance workforce levels with today’s business demands,” UP President and Chief Executive Officer Lance Fritz said in the statement.
Read more from Progressive Railroading.
Related News
- Countdown To Election Day 2024!
- Protected: Election 2024 talking points
- Election 2024: The union difference
- Four new appointees named to SMART GEC
- SMART Convention delegates vote to endorse Vice President Harris for president
- 2024 Top 31 PAL local unions
- RME members: Make your voices heard ahead of national negotiations!
- Tom Wiant moves from International rep. to assistant to the general president
- SMART TD, TTD Set For Victory Over Carriers On Train Length Data Collection
- SMART-TD, RME members secure paid sick leave for rail workers at Union Pacific