UTi Worldwide to Lay Off 96 More Employees After Merger
UTi Worldwide, a global logistics company bought earlier this year by a Danish competitor, is laying off 96 employees from its downtown Portland office.
Long Beach, California-based UTi notified the state of the downsizing Nov. 16 and said it's a permanent move. The layoffs will become effective between December and May.
RELATED: UTi Worldwide to cut 200 jobs; XPO may hire them
UTi ranks No. 11 on the Transport Topics Top 50 list of the largest logistics companies in North America.
The company came to Portland in 2009 after deciding to open one of three hubs here that would oversee the company's 372 offices in 62 countries. In just 18 months, UTi had grown its Portland presence to 230 employees from 14, the Portland Business Journal reported in July 2011.
RELATED: DSV completes acquisition of UTi Worldwide
But then DSV Global Transport and Services bought UTi for $1.35 billion in a deal that closed in January. Both companies provide various logistical services to freight shippers.
Weeks after the deal was done, UTi laid off more than 40 people, mainly information technology workers. The 96 people losing their jobs in this round are mainly financial and accounting workers, a company official said. The layoffs leave about 60 people still working in the Portland office.
