Thread regarding Union Pacific Corp. layoffs

Executive purge

1 executive departed Up. Clark P. gone . Departments combined now.

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| 1711 views | | 16 replies (last September 18, 2023) | Reply
Post ID: @OP+1onvLKgj

16 replies (most recent on top)

I guessed it happened that way. Genuinely real managers can’t always be a yes man to Jim.

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Post ID: @ibgw+1onvLKgj

Clark disagreed with Vena in a senior meeting about all of the cuts that he was wanting to make and he was forced to retire the next day

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Post ID: @insb+1onvLKgj

I don't think the stock price will get anywhere near $300. The UP did all of the massive cuts the first time, the stock price went to around $280, and then started falling. Then the service issues started, and hearings followed shortly afterwards. The UP is a hot mess already, covid is making a comeback, and some of the employees aren't sticking around this time. When the UP gets dinged for lack of staffing and poor service again, it'll be Vena that has to answer for it. He won't be able to run away like he did the first time to avoid the questioning.

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Post ID: @5wtp+1onvLKgj

He doesn’t like AVP or SVP titles, too many layers of management. He is now bringing in the CSX guys , there is also a lot of folks going to CPKC(mostly managers) I have seniority myself . When he lays off everyone and sells the properties and the stock gets to 300.00 as has been touted… I am out… thanks Jimbo!!!

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Post ID: @3lpt+1onvLKgj

What about that EVP of Marketing & Sales, KR. He should be the 1st to go!

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Post ID: @2owy+1onvLKgj

He needs to get rid of the EMS idi@ts up in the glass tower. They know who they are.

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Post ID: @1jnz+1onvLKgj

I would retire to if I had the time. I wouldn’t care how much they try to pay me to stay.

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Post ID: @1bbh+1onvLKgj

Another SVP gone since Jim moved in.

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Post ID: @1qel+1onvLKgj

Now Scott M. Is retiring all of a sudden.

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Post ID: @1akk+1onvLKgj

@1vh
If 75% were cut none of your tech would work. Cutting here isn’t necessarily bad, but get a clue. Technology is so bad already because all the cuts in the tech department. There are also many others here that without their coordination, crews would sit on idle trains over half the time…. Especially with tiny at the helm

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Post ID: @1ofy+1onvLKgj

You could cut 75% of people in Omaha.. And still have too many

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Post ID: @1vht+1onvLKgj

I'm sure EVERY executive will land on thier feet.

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Post ID: @fzm+1onvLKgj

Looks like he was the SVP over Supply Chain. That would explain the notification of the move of Supply Chain to Finance.

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Post ID: @xnt+1onvLKgj

Was this person over Supply Chain?

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Post ID: @qqo+1onvLKgj

Yeah I saw that one coming. Vena is following the exact same path that he went down during his last visit. This just proves that not one single job is safe. So for anyone that touted his return and told themselves that it would be different this time around, ENJOY!

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Post ID: @yqq+1onvLKgj

Good, continue purging the executives

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Post ID: @svm+1onvLKgj

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