Sectors News Results

  • Greenbrier has laid off 20% of its workforce this year due to COVID-19 impacts

    Greenbrier Companies Inc. (GBX) said Thursday that it has laid off 3,700 people, or more than 20% of its workforce this fiscal year, because of the economic impacts of the COVID-19 pandemic. The railroad car maker said it has suspended production of rail cars at its flagship Gunderson facility in Portland, Oregon, citing a surplus of intermodal units in the North American rail fleet and declining rail loadings. The suspension of production will affect about 200 employees.

Search News

Filter Results

Publication Date

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.