How many gone today?? Any news? Keep all updated it helps others to know what Is really going on not only here but in other locations.
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https://www.morningstar.com/news/dow-jones/201910176392/union-pacific-plans-more-job-cuts-as-demand-falls-off-update
News report as of 10/17/19 but nothing true here keep that head in the sand. Some people like to know what’s comming. Your managers will not tell you.
10/17/2019 | 03:31 pm
By Micah Maidenberg
Union Pacific Corp. said it would continue cutting jobs as slower economic growth hampers demand for railroad shipments and as it works to boost productivity
The railroad on Thursday said volumes fell on a year-over-year basis for the third consecutive quarter, declining 8% in the third quarter. The company reported weaker shipments for everything from grains to vehicles, which in aggregate offset stronger shipments for energy products and construction materials.
"We have to play the hand that we are dealt when it comes to volumes," finance chief Robert Knight said on a conference call.
Union Pacific has moved to cut costs and jobs amid as demand has fallen off. The company employed on average 36,659 employees as of the third quarter, down 13% compared with a year earlier.
The Omaha, Neb.-based company expects to continue shedding jobs as volumes drop and productivity improves. Workforce levels in the fourth quarter are expected to be down 15% compared with the year-earlier period, Mr. Knight said on the conference call. Executives didn't rule out further job cuts in 2020.
Yea post here cuz everything here is true...
No one cares dude...and obviously u.p dont either