https://www.bmwe.org/cms/file/11282023_124546_UPFURLOUGHSLETTERTOSTB.PDF
4 replies (most recent on top)
The wall street analysts may not be stupid, but they aren't doing much of anything to stop it or call it out. Why would they especially when it's directly helping them. When they stop getting what they want, they'll strong-arm the board of directors and have that person that's going against their interests removed. Then they'll have someone inserted into that position that's believes that they have the shareholders best interests at the front of the line. Sound familiar? Vena doesn't give two sh--s about the company or the industry! He's giving the shareholders what they desire. Vena talks a big game about how he's passionate about the company, when all he's really doing is trying to sell the image of the company for a larger bonus. Remember, he gets paid a bonus based on job performance. That's why anyone that's still at the company should be doing whatever they can to hinder that. I spend every minute I can smearing this company, and the crooked executive team.
UP is definitely the Walmart of Railroads!
Merry Xmas and hopefully see you next year!
JV is just a Dollar Store version of Gordo Gekko...
This is such an ignorant way to try and “look profitable” in the 4th qtr….These Wall Street analysts are not stupid and will see right through this 1980s tactic of laying off workers to pad the bottom line.