Coyote Logistics Trims Workforce in Sales, Operations

Layoffs in Sales and Operations

Coyote Logistics, a digital freight brokerage based in Chicago, has recently confirmed job cuts in its sales and operations divisions. The exact number of affected employees is undisclosed:

• Continued Restructuring: This follows previous layoffs and voluntary separations, including senior managers, throughout 2023.
• Company Statement: Emphasizes realignment with evolving business needs and offers severance and support services to impacted employees.

Leadership Communication

Employees received an email about the layoffs, signaling a challenging start to the year:

• CEO's Address: Sandeep Pisipati, who took over as CEO in September, is set to communicate further details about the restructuring.

Industry Context

This development comes amidst similar actions in the industry:

• Uber Freight's Move: Uber Freight, another Chicago-based digital brokerage, also announced job cuts, affecting up to 50 positions.

Source: FreightWaves