freight brokerage
Coyote Logistics Trims Workforce in Sales, Operations
Adriana Pulley · January 15, 2024 · 1 min read
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.
Anyone @CoyoteLogistics impacted by these layoffs, let me know - @BetterTrucks is hiring. Will match your existing comp structure. https://t.co/s4bKADhxrg— Andy Whiting (@paducah) January 13, 2024
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
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