PSR not going as planned, glass palace says probably going to sc-ap PSR all together. There is hope gentlemen, a lot of workers will continue to live there normal lives again. Remember men HOPE is a good thing.
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Profiting shareholders railroading isn't going anywhere. It would take a very bad business decision or an outside intervention for it to end. I experienced this sh– at the CP when they did it. The UP is on the downhill slide now. Harrison went in and blew the place up at CP. Jim Vena is melting the UP down. Just wait for it.
I have a college degree and I work as a locomotive engineer. I guess I’m an id–t ? I wouldn’t become a manager for UP if you doubled my salary. PSR Pickup Set out Re crew. Simple as that folks.
All the employess I work with call it HDC. They already said psr would be around for 2 years, that means there is another year to go .
@2iip I’ve have never heard an agreement employee call it that. I have heard many field managers call it that. Most agreement employees have so many levels of separation from the corporate office they don’t even know what it looks like. The ones who do call it that got it from people who have been there, for example: management. At most the agreement employees say “bean counters from Omaha”.
@1lkp Maybe we worked at different companies with the same name then.
At the UP I worked for, the only people who ever uttered the phrase "glass palace" were agreement employees without college degrees who were usually trying to make some sort of a point about their status in relation to the people working at UPC, many of whom had college degrees. For some reason this was always problem for the agreement people. I guess many of you are resentful that you're stuck where you are. The 17% employee approval rating makes it clear that most of you hate your jobs, so why argue? Go get new skills and new job to go with it, then you won't be so miserable.
UP buying it's own stock back is propping it up
It's a self licking ice cream cone...
The UP stock has already been underperforming the S&P 500 index the past six months.
The stock price is the only measure of PSR success and survival. If the price tops out, watch the escape pods start punching. Good luck to whoever is left behind.
Whether it’s working or not, they aren’t folding that easy! The musicians are either playing while on the titanic or on a nice cruise ship. Time will tell I guess! Lol HAPPY NEW YEAR EVERYBODY!
Lots of people agreement and non agreement have called it the glass palace since it was built, agreement employees don’t hate college educated employees we just have gotten tired of the I have a college degree in something that has nothing to do with the job they are doing and this is how you should do your job then when the inevitable awe shucks wow you guys know more then I thought you did help me fix my mistakes happen it gets blamed on the workers. At this point the bar is so low for leadership it would be surprising if they could find worse (I’m positive they can and probably will achieve lower ratings but hopefully they realize that isn’t the route to go). Seems like the ones complaining most about it being called the glass palace seem to work there and as all corporate headquarters have nicknames that seems to be fitting for ours.
They’ve got their fair share of Phoenix online grads and even worse at the UPC. Let’s not throw stones in glass houses pun intended.
@1cnw I have never heard anyone but field managers call it the glass palace.
You agreement people need to drop this "glass palace" stuff, along with the fantasy that PSR is going anywhere. We get it. You don't like college graduates who work in offices. Maybe if you went to college you would have some better options (a real college, not the "University" of Phoenix), and you wouldn't be stuck working at a $hitty company with a 16% employee approval rating.
PSR is doing exactly what it is intended to do, namely inflate UNP share price and increase market cap. When it stops doing that, they will replace PSR with something else that all of you will probably hate even more, and probably under even worse leadership.
Happy 2020
OP, hope is a good thing but being delirious isn’t lol
Seems like they are 100% committed to PSR, and Vena is firing anyone who says anything negative about it. I doubt it will be sc-apped at this point. And even if they did sc-ap it, they'd have a heck of a time rebuilding they business that they lost.
Such a b—s— phuking comment