"Union Pacific's Layoffs Target Management Positions"
Union Pacific has implemented company-wide layoffs, primarily affecting management positions, as part of a cultural shift to empower front-line employees in decision-making. Less than 5% of the approximately 5,600 management employees are expected to be eliminated, with affected personnel given the opportunity to apply for other roles within the company. This move follows previous workforce reductions in recent years, as Union Pacific aims to streamline operations and reduce administrative staffing.