Saia (SAIA) Cuts Workforce by 5%
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In a Form 8-K, Saia Inc. (Nasdaq: SAIA) today announced that it has implemented a reduction in force to bring the Company’s workforce in line with current business levels. This action was taken as the industry is experiencing lower than normal seasonal volume and an uncertain economic environment. The workforce reduction was approximately 5% across field operations and the corporate office.
Saia, Inc., an asset-based trucking company, provides various transportation and supply chain solutions for retail, chemical, and manufacturing industries in the United States.
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