CPR slashes staff, spending
Railway cuts 600 union jobs, launches comprehensive program of corporate cost-cutting
BRENT JANG
From Wednesday's Globe and Mail
December 17, 2008 at 1:30 AM EST
Canadian Pacific Railway Ltd. [CP-T], a barometer for the broader economy, is pulling out all the stops to weather the recession as it slashes 600 union jobs, restricts air travel, suspends bonuses and ditches all six “flex days” for office staff...
http://business.theglobeandmail.com/ser ... iness/home
Railway cuts 600 union jobs, launches comprehensive program of corporate cost-cutting
BRENT JANG
From Wednesday's Globe and Mail
December 17, 2008 at 1:30 AM EST
Canadian Pacific Railway Ltd. [CP-T], a barometer for the broader economy, is pulling out all the stops to weather the recession as it slashes 600 union jobs, restricts air travel, suspends bonuses and ditches all six “flex days” for office staff...
http://business.theglobeandmail.com/ser ... iness/home
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