Impact unclear of CPR cuts on Red Deer yard

Two weeks after Canadian Pacific Railway Ltd. announced plans to slash nearly a quarter of its workforce by 2016, the likely impact on the company’s Red Deer operations remains unclear.

CP, which has approximately 19,500 employees and contractors, said on Dec. 4 that it plans to eliminate about 4,500 of these by 2016. It anticipated that 1,700 of these positions would be eliminated by the end of this year.

Read more: http://tinyurl.com/cfvkt3l