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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Union Pacific Corp | NYSE:UNP | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 247.40 | 10 | 09:28:00 |
--Union Pacific will cut less than 5% of its roughly 5,600 railroad management employees, the Associated Press reports.
--The company said the final number of job cuts will be determined by how many managers take other jobs with Union Pacific, though the total will be fewer than 275 jobs.
--Union Pacific told AP that the layoffs were part of an effort to change the company's culture and empower employees to drive decision-making.
--The Omaha, Neb.-based rail operator employs about 33,000 people in total.
Full article at https://apnews.com/article/union-pacific-railroad-management-layoffs-d72058d3154289e26c732492748bd452
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
November 01, 2023 15:39 ET (19:39 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Union Pacific Chart |
1 Month Union Pacific Chart |
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