Union Pacific to cut 750 positions by Fall

OMAHA, Neb. (KMTV) - 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.

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