Thread regarding Union Pacific Corp. layoffs

Even if they stop PSR it won't repair the damage that they've done

Here's a thought experiment for everyone: imagine that the executive team came out first thing tomorrow morning, apologized for the negative effects of PSR and stopped it, pledged their dedication to a new and dynamic culture of safety, and then codified designated days off/sick leave/etc into the company operating culture. They would even offer to throw in pay raises and bring back many furloughed employees.

Would you trust them to keep their word after all they have done?

Sometimes the damage caused by poor decisions is permanent. There is probably nothing that the current executive team can do to rebuild the trust in leadership that has been shattered by their scorched-earth approach to PSR/UP2020.

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Post ID: @OP+11qX9d70

11 replies (most recent on top)

What's interesting is the fact that someone asked if we would ever trust them again. I honestly thought that answer was apparent by now. How could anyone trust this company? Fritz has openly lied to his employees in his town halls repeatedly. This PSR movement was a disaster before it came to the UP. Fritz even acknowledged it in his January 2018 townhall video. Fritz is a liar, period. Jim Vena is a joke. Tom Lischer is an a– kisser. Shane Keller is a head hunter. Beth Whited is indescribably stupid. Rhonda Ferguson is a waste a good air. Kenyatta Rocker is a BS artist. I could write down everyone and my opinion of them, but I see no point. I agree, this company was doing fine before PSR. We were at the top. PSR came into play, and now it's at the bottom. It will take a very long time to heal this damage. There's also too many people giving credit to Lance for this. Vena is also very much to blame in this. They're both equally to blame. The only real thing current employees can do now is wait. Those exec's have to face a renewal of their employment contracts to stay in their position. Let's hope Fritz can't renew his. His renewal is coming up.

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Post ID: @4lah+11qX9d70

Even if PSR stops Beth will still be a fat cow at the end of the day. So sad.

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Post ID: @2uex+11qX9d70

we will see how PSR will pay for all the fire starters , when uprr burns up properties, for lack of maintenance on locomotives. it is the season. maybe they will put some of the managers that are left, to clean stacks. I hope so. because my union is on top of that.

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Post ID: @1eca+11qX9d70

Billions appon Billions of Dollars at stake. what say you ? What Say You?

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Post ID: @1bon+11qX9d70

Will not be their problem, they will have taken their money and run by then, anyone remember Anschultz?

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Post ID: @1tsq+11qX9d70

If there were any plans to bring it back in the future they wouldn’t relocated or sold the equipment. Did you ever consider how they did things in the past was the wrong way and this is a better way? I’m sure you’ve complained in the past also.

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Post ID: @ffo+11qX9d70

They have destroyed infrastructure that is
Unobtainable. They sc-apped and sold for pennies on the dollar, Cranes capable of lifting entire locomotives, Drop pits, wheel true machines, Fuel and oil depots , and entire Yard air compressor systems . All just junk now . What a waste by such foolish Managers. You are correct there is no going back , with these id–tic mo–nic
Imbilciles.

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Post ID: @lvf+11qX9d70

Lance Fritz is a fraud and a failure.

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Post ID: @mrv+11qX9d70

PSR is a scorched earth approach to railroading ,and they have pretty much burned everything to the ground. It will take decades to repair the damage even if they started with a new creative work culture and smart management tomorrow. I’m afraid they still got some burning to do yet. JMO

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Post ID: @ida+11qX9d70

I would love to see that happen, but I would certainly not trust them again. Ever. They sold us out.

UP was doing extremely well before the disastrous culture change, and we would have gotten to 55% OR in several years, as a true industry leader. UP struck an excellent balance between customers, employees, and investors–and served each of them very well. But Lance over-promised the investors, he capitulated, and he burned down the empire that was entrusted to him. It's gone. It won't come back for decades. (And this never would have been possible without stock buybacks. Until recently they were illegal. They should be made illegal again.)

No employee or customer in his right mind will trust UP again. Stockholders might, if PSR had driven the stock price up, but that's not happening. Lance now needs to deliver a merger.

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Post ID: @fwm+11qX9d70

Only if they also made the top VPs and Lance pay back any and all incentives/bonuses they had received this far. And we got to make his political campaign commercials for him🤣🤣

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Post ID: @rqd+11qX9d70

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