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RAIL EMPLOYMENT



Rail News Home Rail Industry Trends

1/25/2002



Rail News: Rail Industry Trends

UP contemplates more job cuts in 2002


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Union Pacific Railroad might trim up to 2,000 more jobs this year after eliminating 2,000 positions in 2001.
The railroad’s workforce will shrink by 1,000 to 2,000 this year, depending on the economy’s strength, said UP Executive Vice President Joe Young at the Class I’s Jan. 23 analyst meeting, according to a prepared statement.
However, the workforce reductions are based on projections and UP hasn’t specified where or which jobs would be eliminated, said spokesman John Bromley.
The railroad expects to trim jobs through attrition.


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