CN Rail lays off some non-unionized workers in wake of record revenues [Toronto Globe and Mail (Ontario, Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: Toronto Globe and Mail
MONTREAL The Canadian Press Published November 14, 2018 Updated November 14, 2018 Comments Canadian National Railway Co. is laying off some non-unionized workers, less than three weeks after the company reported the highest quarterly revenues in its 99-year history. A spokesman said no locomotive crews or front-line employees were affected, but held off on explaining what prompted the move. CN Rail declined to say how many consultants, contractors and managers face dismissal, saying that a “small percentage” of non-unionized workers were let go. Story continues below advertisement Affected management employees were notified last Friday. The Teamsters Canada union confirmed it had not been informed of any layoffs for its members. The Montreal-based railway earned a net income of $1.13-billion in the quarter ended Sept. 30, an 18 per cent year-ov
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CNI
Earnings
- 4/23/24 - Beat
CNI
Sec Filings
- 4/23/24 - Form 6-K
- 4/8/24 - Form 6-K
- 4/5/24 - Form EFFECT
- CNI's page on the SEC website