Union Pacific to cut 750 positions by Fall

Posted at 6:12 PM, Aug 16, 2017
and last updated 2017-08-16 19:12:26-04

The Omaha-based railroad company announced today it will cut 750 workers by this Fall.

Many of those jobs will be in management and administration.

U-P is citing weaker financial results and a declining volume of goods it's is hauling as reasons for the cuts.

The company will offer some workers early retirement or a buyout.