Union Pacific reports strong earnings, but job cuts are likely as executives tout cost-cutting moves

By Brad Davis, Business Editor, Omaha World-Herald; January 24, 2019

Union Pacific reported better-than-expected quarterly profits Thursday as the company looked ahead to its continuing drive to run a more efficient railroad.

In that drive to efficiency, the railroad’s executives on Thursday pointed to more job cuts down the line, though they didn’t detail the timing or specific positions that could be targeted. A spokeswoman didn’t immediately return a question asking for details on possible cuts.

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