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Coyote Logistics Announces Workforce Reduction Program
Adriana Pulley · December 18, 2023 · 1 min read
Coyote Logistics targets senior managers and directors in its latest effort to trim its workforce during the freight market downturn.
Key Points:
Voluntary Separation Program: Employees offered the choice to leave with severance.
Fourth Reduction This Year: Following layoffs in January, May, and September.
This initiative is part of Coyote's broader optimization strategy, with affected employees getting the chance to accept voluntary separation packages. While it’s a fully voluntary program, there's a hint that those who opt not to leave might face eventual layoffs.
Source: FreightWaves
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