October 30,2025
RED FM News Desk
Canadian National Railway Co. is laying off approximately 400 managers as tariffs imposed by the U.S. and Canada weigh on freight traffic.
The reductions affect more than six percent of CN’s non-unionized workforce.
CN spokeswoman Ashley Michnowski said the Montreal-based company has been “adjusting its unionized and management head count across Canada and the U.S. to reflect the business environment.”
Steep tariffs on steel, aluminum, autos, and lumber imposed by U.S. President Donald Trump have reduced CN’s shipping volumes, with year-over-year traffic declining in the spring and early summer.
On Wednesday, rival Canadian Pacific Kansas City Ltd. reported a rise in profits despite similar tariff disruptions, which affected its steel and forest products shipments.
The CN layoffs come in the same month that Chief Field Operating Officer Derek Taylor abruptly departed the company, less than two years after assuming the role.
Canada’s largest railway is scheduled to release its third-quarter earnings on Friday morning.
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