layoffs

Commentary: Uber Freight shows importance of people in logistics

Uber Freight tractor-trailer

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

The recent announcement of massive layoffs and the closure of 45 offices at Uber Technologies – and in particular, its CEO’s stated commitment to re-evaluating non-core, cash-burning businesses like Uber Freight – set the logistics world abuzz.

However, I would argue that it’s not in the way contributor Ryan Schreiber described. As he makes the case for Uber as an...

https://s29755.pcdn.co/news/commentary:-uber-freight-shows-importance-of-people-in-logistics

With eye on rebound, United looks for alternative to furloughs

White jets with blue tails at airport terminal

Domestic airlines this week announced plans to permanently eliminate large numbers of management and administrative jobs as a prelude to even larger reductions in frontline forces. But United Airlines (NASDAQ: UAL) CEO Scott Kirby dismissed furloughs as an a primary option, saying they are a temporary solution that undermines the ability to capitalize on growth opportunities when coronavirus fears subside and travel takes off again.

No one knows when strong demand will return, so United’s...

https://s29755.pcdn.co/news/with-eye-on-rebound-united-looks-for-alternative-to-furloughs

Breaking: American Airlines to eliminate 30% of mid-level staff

Red, white and blue tails of American Airlines planes at terminal gates.

American Airlines said it is making plans to reduce management and support staff by 30%, a precursor to more extensive frontline cuts expected in the coming weeks as the airline tries to stop using up cash for overhead and remain solvent beyond 2020.

The moves are part of an effort to remake itself into a smaller airline for the foreseeable future with the realization that leisure and business travel will be stunted for several years. Towards that end, American plans to fly about 100 fewer...

https://s29755.pcdn.co/news/breaking-american-airlines-to-eliminate-30-of-mid-level-staff

EXCLUSIVE Market Insight: Among the Big Four, here’s how Kuehne will cut that workforce

Interpretation and strategic interaction amongst somewhat irrational decision-makers  – we have seen it all over the last few days from Kuehne, DHL, Schenker and DSV.
Define that, when it comes to game theory, and it all boils down to talent, power and “brashness”. That’s how one trusted K+N insider defined owner Klaus-Michael Kuehne’s attitude alongside “his brilliance” after a key quote from a glorious interview that did the rounds at the …

The post EXCLUSIVE Market Insight: Among the Big...

https://theloadstar.com/exclusive-market-insight-among-the-big-four-heres-how-kuehne-will-cut-that-workforce/

Samsara lays off 18% of workforce

ELD and fleet management solutions provider Samsara announced Wednesday it was laying off 300 employees, 18% of its workforce, as the company responds to the coronavirus downturn. 

“It’s now clear that COVID-19 has become the most significant economic event in the past 100 years,” CEO Sanjit Biswas said in a blog post, and “since the outbreak, we’ve had to plan for scenarios that were unimaginable just a few months ago.” 

Geographic areas impacted by the layoffs focused on Italy, Spain and Benelux...

https://s29755.pcdn.co/news/samsara-lays-off-18%-of-workforce

More layoffs for freight and related industries in Texas

Jet Specialty, a supply chain solutions provider for the oil and gas industry, announced it was laying off 75 employees in Corpus Christi, Texas.

Cardone Industries, an auto parts manufacturer also announced it has laid off 183 employees at its plant along the U.S.-Mexico border in Brownsville, Texas.

Officials with Cardone said the layoffs were part of the “dramatic, sudden and unforeseeable negative business circumstances the company is suffering due to COVID-19 pandemic,” according to its...

https://s29755.pcdn.co/news/more-layoffs-for-freight-and-related-industries-in-texas

United Airlines plans for worst, hopes for best

White regional jets parked at airport.

United Airlines’ President Scott Kirby on Friday laid out a stark future for the airline industry, saying  the carrier is preparing for a scenario in which there is no passenger revenue into next year and it will have to dismiss thousands of workers if travel doesn’t rebound from the coronavirus crisis.

In a matter of weeks, the pandemic has vaporized an industry that was seeing record growth, turning airports into ghost towns and airplanes nearly empty. United appears to be the most pessimistic...

https://www.freightwaves.com/news/united-airlines-plans-for-worst-hopes-for-best

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