Yellow preparing for 'range of contingencies'
Yellow managed to avoid a work stoppage Monday that likely would have been the 100-year-old company's undoing.
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Yellow managed to avoid a work stoppage Monday that likely would have been the 100-year-old company's undoing.
The company has used the time which the union bureaucracy has bought for them to prepare for bankruptcy, threatening thousands of jobs.
Yellow (NASDAQ: YELL), the third-largest less-than-truckload company, which is currently under financial turmoil, has announced layoffs of an undisclosed number
Yellow is firing an unknown number of nonunion employees who work in sales, information technology and customer service. The post Yellow lays off portions of at least 3 major corporate teams appeared first on FreightWaves.
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