Thread regarding Union Pacific Corp. layoffs

Jalali new EVP

23 years at Walmart, 3 years on the railroad. Sends a very clear signal . . . there is nothing special about institutional knowledge on the railroad. First start i suggest Mr. Jalali, fire every executive, get rid of their pension liabilities and stock options. Then hire new blood, no pensions, no problem. I am not kidding.

I am not an employee anymore, just a shareholder. A shareholder with voting rights. Clear the decks Rahul.

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| 1655 views | | 5 replies (last June 7, 2023) | Reply
Post ID: @OP+1mLINZTS

5 replies (most recent on top)

Jalali is from Iraqi

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Post ID: @fycz+1mLINZTS

I want to see a more service meltdowns

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Post ID: @2xki+1mLINZTS

I hate to be the bearer of bad news, but it's not going to happen. The new guy is going to cater to the investors, plain and simple. The executives are elected to their positions by the board of directors. Which also means that they have to do the job that they were elected to do by the board members. If you think the new guy is going to be all about the employees, then I'd strongly suggest you look away now. You being a shareholder with voting rights doesn't mean sh1t! There was quite a few "shareholders" with voting rights that lost their jobs because of the boards wishes. The new guy spent 23 years at Walmart, and then comes to the UP to become a cubicle railroader? I could be wrong about this guy, but I kinda doubt it. Fritz is being forced out with no immediate person named to take his place, or do they already have someone in training and just not telling anyone due to possible fallout before Fritz leaves?

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Post ID: @1yfs+1mLINZTS

Not going to happen. Ridiculous posting.

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Post ID: @1gez+1mLINZTS

Conductors will be sh-----g in the streets!

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Post ID: @zhr+1mLINZTS

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