Coyote Logistics Announces Workforce Reduction Program

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