Oakland based APL announces layoffs

November 19, 2008 2:53:22 PM PST
An Oakland based shipping container and transportation company now says it may cut as many as 350 employees.

The owners of American President Lines, have informed employees, through an email, that its regional headquarters near the Port of Oakland will be shut down and moved to a more cost effective location somewhere else in the U.S..

A decision on when the transition begins will be announced next month.