Sunday, November 01, 2009

YRC Worldwide says cutting 900 nonunion jobs

* Says removing 900 nonunion workers

* Says no further cuts seen at this time

* Says YRC is 75 percent of way to cost cut target


Leading U.S. trucker YRC Worldwide Inc said on Friday it is cutting about 900 nonunion jobs in what could be the final round of layoffs in the company's broad financial restructuring.

The job cuts will be completed in the fourth quarter and should save the company between $15 million and $20 million, according to company officials. Full Story....

No comments: