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(Source: Canadian Press, July 21, 2020)

MONTREAL — Canadian National Railway Co. has laid off about 4,000 employees from its workforce this year as profits sagged 60 per cent in the second quarter amid fallout from the COVID-19 pandemic. Shipments declined nearly across the board, prompting layoffs that left the country’s largest railroad operator down 5,100 employees from June 2019, when it had some 26,500 workers.

Full story: Yahoo Finance

Wednesday, July 22, 2020

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