CN Layoffs Affect PG
Prince George, B.C. – CN has laid off approximately 1,200 employees across Canada and Prince George hasn’t been spared the pain.
In a statement, the rail giant blames the layoffs on “lower rail traffic volume levels” though they wouldn’t confirm exactly how many employees have been affected locally.
“Layoffs include some mechanical workers in Prince George,” says spokesman Patrick Waldron. “When volumes recover CN expects to bring those workers back. Some mechanical facilities in Prince George remain open.”
In reference to lower traffic volumes, he says in CN’s first quarter results, “The company reported that carloadings for the quarter declined by seven per cent and revenue ton-miles (RTMs), measuring the relative weight and distance of rail freight transported by CN, declined by nine percent from the year-earlier quarter.”