Union Pacific Lays Off 750 Employees in Cost-Cutting Move

SUGAR LAND--August 18, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Less than a month after reporting a 19% rise in profits from a year earlier, Union Pacific Corporation (NYSE:UNP) (Omaha, Nebraska) is laying off 750 employees, mostly at the railroad company's Omaha headquarters. Industrial Info is tracking $915 million in active Union Pacific projects.