YRC announces layoffsYRC Worldwide Inc. has eliminated about 200 non-union jobs around the country amid declining business. Bill Zollars, YRC’s chairman and chief executive, told Bloomberg News that layoffs occurred “to make sure our infrastructure is commensurate with business volumes.”
YRC, the country’s biggest trucking company, based in Overland Park, did not break out the job cuts by location. YRC eliminated about 100 non-union and salaried jobs earlier this year as the company struggled to cope with a slowing economy.
It has about 60,000 total employees, including about 15,000 non-union workers. After posting two straight quarters of losses, YRC posted a profit in the second quarter and has forecast profits for the third.
The company also has had turnover among senior executives in recent months, including the departure earlier this month of chief financial officer Stephen Bruffett. He joined rival carrier Con-way Inc. as senior vice president and CFO.
YRC also laid off about 1,100 hourly drivers and dockworkers from its regional operations early this year in an effort to improve operational efficiency.
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