Coyote Logistics Trims Workforce in Sales, Operations

January 15, 2024

Layoffs in Sales and Operations

Coyote Logistics, a digital freight brokerage based in Chicago, has recently confirmed job cuts in its sales and operations divisions. The exact number of affected employees is undisclosed:

  • Continued Restructuring: This follows previous layoffs and voluntary separations, including senior managers, throughout 2023.

  • Company Statement: Emphasizes realignment with evolving business needs and offers severance and support services to impacted employees.

 Anyone @CoyoteLogistics impacted by these layoffs, let me know - @BetterTrucks is hiring. Will match your existing comp structure. https://t.co/s4bKADhxrg— Andy Whiting (@paducah) January 13, 2024 

Leadership Communication

Employees received an email about the layoffs, signaling a challenging start to the year:

  • CEO's Address: Sandeep Pisipati, who took over as CEO in September, is set to communicate further details about the restructuring.

Industry Context

This development comes amidst similar actions in the industry:

  • Uber Freight's Move: Uber Freight, another Chicago-based digital brokerage, also announced job cuts, affecting up to 50 positions.

Source: FreightWaves

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