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Coyote Logistics introduces "voluntary separation" program for high-level employees, marking its fourth staff reduction in 2023.
Coyote Logistics targets senior managers and directors in its latest effort to trim its workforce during the freight market downturn.
Key Points:
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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