OMAHA- Union Pacific will be laying off an unknown number of employees according to the Nebraska Department of Labor. The railroad system has seen a huge hit in finances due to the pandemic, but the company claims it is part of their efforts to streamline operations. In September of 2018, the company employed 44,531 people. This July, Union Pacific was employing 32,820 people. This is mostly due to shipping volume decreasing by 20% in the second quarter of 2019.

Their net income decreased by $500 million quarter-to-quarter in the last year. With the layoffs, the company is hoping to lower their 'operating ratio', meaning the percentage of each dollar received that is spent running the railroad.

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