Thread regarding Union Pacific Corp. layoffs

There's always been a disconnect between corporate and the field. You failed to mention though about how a reconnection can be made when you have a CEO who doesn't like to listen to anyone and gets rid of everyone that disagrees with him. The disconnect isn't on the employee end, it's on the executive end. Can you please tell us where good decisions were actually made at the UP? Furlough or fire thousands of people, mothball or sell-off hundreds of locomotives, close or sell locations, and all the while the company is going to sh1t. This discussion and quite frankly this site wouldn't exist if it wasn't for PSR. Everything bad that's happened at the UP was because of PSR. When PSR was implemented, Vena was right there pulling the strings the whole time! All of the problems at the UP was their own doing, and VENA IS AT THE CENTER OF IT ALL! Vena hasn't made good on his promises to the shareholders, so they have to be getting pi---d at him right now. All of the problems were completely avoidable, and Vena was one of those problems. The UP needs to get rid of Vena, NOW! Let's get the folks who were let go to satisfy Vena's ego back to work. Let's get the equipment fixed and running the way it should be. Reopen locations that were actually useful for daily operations. Most importantly, shake down the executive team for competency and honesty. I'm sorry but I've seen no good decisions made at the UP in a very long time. The UP didn't get the #1 worst employer award because of their good decisions!

I think you guys think the neighbors grass is greener? They are in the exact same boat. I was in that boat and now im in this one. They are all making good decisions in some areas and bad in the others. The problem is there is a big disconnect between the field guys and corporate. If we want to make this place succeed, we have to stop laying off all the workforce and the workforce needs to actually contribute and quit hiding from their work. They need to quit pointing the finger. Its a war within that needs to stop. Thats the way we can beat the other guys whos lawn appear greener but are struggling themselves.

@OP I see what you’re trying to do, but unfortunately optimism isn’t going to fix UP’s management problems. If your life’s passion is to work for a carrier, the best advice for you is to work at a different one. The only fix for this place is for Vena to go, but keep in mind the previous CEO was removed so that Vena could come in, and if they wanted him gone they would have done so by now. Competent managers hire competent managers, and incompetent managers hire incompetent managers.

This place is going to get like Walmart

@e1 Did you not see what the UP stock price did after that report came out? Yeah it went down! You have to really read the fine print with this one. I'm not at all saying that a merger won't happen, but why now? Why didn't Vena run with it when he came back almost two years ago? I think he's getting really desperate to get that stock price up in a hurry, so he and the shareholders that supported him coming back don't lose a ton of money due to the stock price being low. The UP stock hasn't really gone anywhere since he came back. He touted a $400 share price and to make the UP the best run railroad in North America. In a nutshell, the stock price is nowhere near $400, and the UP is more wasteful than it ever has been. In other words, he probably was given an ultimatum to get the stock price up by the shareholders or do the walk of shame. The board of directors don't answer to Vena. Vena answers to the board of directors. Either way, I believe Vena's time is almost up at the UP. If a big merger with the UP was in the best interests of the company, then the stock price should've gone up and not down.

wait a minute, has anyone ever witnessed a UP manager demonstrate reading comprehension? Ive seen UP managers lie. Ive seen UP managers steal. Ive seen UP managers tease, abuse, threaten, and retaliate against agreement employees. Ive seen UP managers being overtly racist to the detriment of innocent employees. Ive seen UP managers try to take charge over a crime scene and they got detained by law enforcement for interfering / obstructing with an investigation. Ive seen a UP manager get high on dr-gs and then while resisting arrest and as--ulting policing officers ends up in hand cuffs but also na--d from the waist down. Ive seen UP managers drink and drive in company vehicles. Ive seen UP managers commit s-xual harrasment. Ive seen UP managers commit adultery on their spouses w/ other UP managers. But Ive never seen a UP manager read something and then follow what was written. Thats when it hit me, UP managers cant read. That must be why they fail to obey rules, regulations, laws, contracts, and clearly stated ethical standards.

@a7 you got your merger miracle. Bankers have been hired to explore buying another railroad.

If for one second you think a manager gives a flying f**k about it, your blind. They care about THEMSELF, getting promoted, fudging the books to look good, and kissing A$$. Managers are not our buddies. They will sell you out in a split second. They lie, cheat, to climb the ladder. I hope BN buys the UP out and fires every manager. I'd roll the dice on BNs management over our trash

Yes he did. He also said that the UP is the worst run railroad that actually makes a profit. I've said for years that the management needs to leave it's workers alone to do the job they were hired to do. They still to this very day don't get it. The UP has implemented so many new rules and amendments to existing rules that it's physically impossible to not break a rule somewhere. Then you'll get written up because some college pencil pushing manager who will overly exaggerated an infraction writes someone up just to meet a quota. You also have the same current management with most of them having ZERO on the ground experience making all of the decisions, and then you have that same management scratching their heads wondering why the employees have such poor attitudes. It's really not that complicated to understand. PSR and Vena came along. Us former and current employees knew exactly what it meant, but it didn't stop them from trying to BS us into believing that it was a good thing. The majority of the current management simply can't do the work they're in charge of and they know it! The executives can't be trusted at all. They're doing what's in the best interests of the shareholders, not the industry. The stock price has struggled to go anywhere but down. Vena made comments about how he'd get the stock price to 300 to 400 a share. OOPS, that didn't happen and it's been almost two years! The stock price is lower now than it was when he first came back. The company is way worse now than it ever has been. The UP has employees that just don't care about the company or the industry anymore. If a manager or an executive reads this and gets offended by it, GOOD! You have the other class 1's doing better than the UP right now. I would be ashamed of myself if I had a management or an executive title at the UP. PSR was not good for the company, and neither was Vena!

Didn’t Warren Buffet say a few years ago that the UP was a mismanaged goldmine and that’s why he bought BNSF instead.
It’s still true to this day. These jokers running this railroad have plaques on the wall but no experience in actually running a railroad.
Image how much more money they would make if you had railroaders letting railroaders do their jobs.
Instead we have college kid managers who don’t even belong out here, who can’t do my job, playing childish daycare games with their drones, cameras, and 12c BS.
These people in charge need their as--s kicked, IMHO.

I will do that if you can guarantee that will make the stock climb past $300 in august. I dont have much time, between my age and the lack of progress on getting the stock price up. There isnt too much time left. I need a miracle, a merger, something that is cost neutral but makes people want to buy the stock so I can quit borrowing money on credit to buy our own stock. Gotta quit getting high on own supply if you know what I mean.