Coyote Logistics Trims Workforce in Sales, Operations
Chicago-based Coyote Logistics, a UPS subsidiary, cuts jobs in sales and operations to align with business needs.
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.
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.
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.