More of the same, or are things going to turn around even a little? Call me naive, but I tend to think that they can’t afford to cut much more, given the amount of people that they’ve let go already and given that wit a lesser amount of workers safety issues are rising more and more.
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It's 101 money grab. With more cuts comes higher seniority workers front and center and that means less production. They furloughed 6-7 year guys by me who absolutely k–led car counts switching like veterans with 20 year old bodies and now it's like an "oops I c-apped my pants" commercial cast with switch lists. I suppose what really eats me being on the ground for nearly 20 years now is the almost sinister effort to PREVENT production of any kind. Hiring the worst of folks terms of attendance, entitlement, lack of work ethic or whatever only to satisfy pie graph quotas as not too upset the political herds. Then even if outta the 50 you hire the 11 that aren't walking t–dburglars stealing earth's air, those few are tortured mentally in ways even the Viet Kong in nam woulda been jealous of. Rules made by lawyers due to the overwhelming volume of dinoturds hired getting hurt, or suing or whatever putting folks in charge of things that shouldn't be allowed to beg for money while licking a guitar and p–ping themselves on city street corner, it's really just a company set up by the goverment to test man's limits before he/she gladly drinks antifreeze while reading about how some new burning baby or drowning family in rv was saved by some UP employee working in fantasy land subdivision or whatever other absolute onion material c-ap they put on the employee site. If I saw Jeffrey the giraffe from toys r us taking a dump on a hopper car yaking about hoof cleanliness and it's importance to his giraffe family it wouldn't even get a second look he'd get like 40 shout outs for being safe while laying a chocolate cobra safely and efficiently... f—ing union pacific is indescribable in the horrid workplace category.
@OP: a lot like 2019 but worse.
Probably same as 2019. Lots of BS, layoffs, and the big boy touring the country.
Layoffs continue until 55 OR
You are clueless VENA STATED 2 or so weeks ago at Bairds industrial conference 2020 once again will bring significant change, and 2021 still ongoing but not significant Today at an investors conference in west palm beach CFO Knight said volume will be down 10% at yr end
The company disclosed in a presentation for an industrial conference that expects fourth-quarter volumes to decline about 11% from a year ago. That compares guidance provided in October, when Chief Financial Officer Robert Knight said, according to a FactSet transcript, that fourth-quarter volume was expected to decline "at a similar level" to the 8% decline experienced in the third quarter.
You would foolish to think that there is more coming. Just wait and see it's all about the money now
I think we will have more layoffs in the spring. Winter will be hard with our reduced work force.