CN to cut jobs as trade wars, shaky North American economy take toll

(Source: Financial Post, November 16, 2019)

OTTAWA — Canadian National Railway Co. is potentially cutting hundreds of jobs due to a slowdown in freight shipments that it blames on the wobbling North American economy and global trade wars. Canada’s largest railway on Friday confirmed it will lay off an undisclosed number of people. CN would not confirm reports that suggested it will cut 1,600 employees, but said layoffs have already started in both management and union jobs.

Full story: Financial Post

Monday, November 18, 2019