Union Pacific layoffs, on the record
Every job cut, severance charge and restructuring Union Pacific reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 32,973 to 29,287.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 32,973 | December 31, 2023 |
| 10-K for 2024 | 32,439 | December 31, 2024 |
| 10-K for 2025 | 29,287 | during 2025 |
Job cuts, severance and restructuring
None of Union Pacific’s annual reports for 2023 to 2025 describes a layoff, workforce reduction or restructuring.
| Fiscal year ended | Restructuring charges |
|---|---|
| 2017-12-31 | $86 million |
| 2018-12-31 | $25 million |
| 2019-12-31 | $24 million |
Union Pacific filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Union Pacific’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-06. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.