OMAHA, Neb. — Union Pacific will cut as many as 475 positions from the railroad by the end of this year, the Omaha World-Herald reports.
The newspaper reports that a memorandum shared with employees shows the railroad will also cut about 200 contractual positions.
The newspaper cites UP CEO Lance Fritz saying the railroad had “extremely difficult decisions to make because we recognize the impact they have on families, friends and co-workers.”
Employee cuts are expected throughout the UP network, though specific positions have not been announced.
