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CPR plans to lay off more than 1,000 workers

Article Abstract:

Canadian Pacific Railway Co. (CPR) will temporarily lay off more than 1,000 workers to cut costs. The company has to make the job cuts due to the decline in grain and coal shipments, which fell by 24% and 11%, respectively. The company has recently eliminated 65 administrative jobs, and will lay off another 900 unionized workers for an extended perid. The job cuts will save CPR around C$60 million annually.

Author: Bertin, Oliver

Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999

Labor force information, Canadian Pacific Railway Ltd.

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CN profit rises 11% for quarter

Article Abstract:

Canadian National Railway Co. sees an 11 percent rise in its fourth quarter earnings.

Author: Marotte, Bertrand

Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001

Sales, profits & dividends, Finance, Canadian National Railway Co.

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Subjects list: Canada, Railroads

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