(Source: CBC, January 21, 2016)
OTTAWA — Canadian Pacific Railway plans to cut 1,000 positions this year as it adjusts to lower shipment volumes and profits. The Calgary-based rail company says most of the cuts to unionized and management positions will result from attrition and kick in by the middle of 2016. Since 2012, the railway has cut 6,000 to 7,000 positions, including 1,200 last year alone.
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