Latest rumor is on top of the layoffs that will happen due to the foreman becoming managers, there will be a 10% reduction in all crafts per Givens because the stock prices are down. Get ready men and women the nation is in a crisis and goods needs to get to stores yet Union Pacific is about to do huge cuts to satisfy its stockholders.
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the franchise will return a profit to the shareholders at all cost.Jobs and diesel fuel are the big ticket items so...... guess what gives?????
They won’t stop at 10%, it’s not going to be enough to give them the amount of money they are going to need to appease the shareholders. Get ready for a few more locations to shutter up besides the ones rumored recently they’ve got to keep them happy.
It was only a matter of time before they took the low road and used this to their advantage.
Awesome post! More whining!
they’re probably hoping UP stocks only go down 10% today