Putting this out there for expert analysis:
Seeing as all the cuts made last year were barely over 1 percent and basically decimated the ranks by my own observation and accounts from others, where will the next 4% in cuts come from?
Major yard closures? Surely a minor cut here or there will not achieve a 4% reduction in head count by the end of this fiscal year, so when is that January 2021?
Again if they’ve already cut this much and it’s only achieved a little over 1% in operating ratio reduction, where can they possibly squeeze 4% from?
Eagerly await thoughts and expert analysis.