UPDATE 1-YRC Worldwide says cutting 900 nonunion jobs

2009年 10月 30日 星期五 23:41 BJT
 

* Says removing 900 nonunion workers

* Says no further cuts seen at this time

* Says YRC is 75 percent of way to cost cut target

By Carey Gillam

OVERLAND PARK, Kan., Oct 30 (Reuters) - Leading U.S. trucker YRC Worldwide Inc (YRCW.O: 行情) said on Friday it is cutting about 900 nonunion jobs in what could be the final round of layoffs in the company's broad financial restructuring.

The job cuts will be completed in the fourth quarter and should save the company between $15 million and $20 million, according to company officials.

They come on top of a series of labor reductions and "workforce adjustments" made over the last year as the company wrestles with steep declines in business volumes and lender requirements.

YRC Chairman Bill Zollars said Friday he does not see any further layoffs necessary for the "forseeable future."

"For the time being we think this is right and adequate," he said.

The cuts, which were reported by Reuters last month, come on top of more than 3,700 job reductions over the past year.

Company officials said with the headcount reductions, YRC is 75 percent of the way toward meeting its Jan 1, 2011, target of $200 million in annual run-rate cost reductions.

Overland Park, Kansas-based YRC's financial problems have been tied in part to difficulties with integrating acquisitions, and the company has been fighting to hold onto customers amid tough competition and pressure from the economic downturn. (Reporting by Carey Gillam, editing by Gerald E. McCormick)

 
 
图片
人民币扩波幅 贬值压力初现

人民币加快国际化步伐之际,人行决定适度扩大人民币即期波幅,长期单边升值的人民币初尝下跌压力,分析人士预计其未来数月仍有小幅贬值空间。  专题报道 

图片
巨大市场潜力将推动中国进入廉价航空新时代

过去18个月里,中国诞生了两家新的廉价航空公司。大型国有航空公司也在考虑推出廉价航空公司。  全文 

点击邮件名称可预览样本。
每日要闻速递
投资有路
  • 中国中国
  • 亚洲
  • 美国美国
  • 欧洲欧洲
热门汇率
美元(USD) 6.2240
欧元(EUR) 8.5972
日元(JPY) 0.0608

在线外汇换算

热门文章点击排行

  • 资讯
  • 投资