Thread regarding Norfolk Southern Corp. layoffs

11 replies (most recent on top)

The "thing" made more in a couple years than you will in 30 years of service. Thats why people hate capitalism.

by
|
Post ID: @4ape+16gLgCZH

It’s far from over even after Farrell’s gone

by
|
Post ID: @3vpn+16gLgCZH

Unfortunately, I don’t think most people realize that Farrell likely lucked out. When someone that high up in management does bad and is asked to leave, they almost always get a huge severance. It’s sad but I can almost guarantee he’s about to get a payday more than anyone in the field earns in a lifetime..... Not to mention you can guarantee the next person is going to be worse. I know they aren’t going to release any statements on why he left but it’s kind of obvious his PSR is failing, no excuse when the other RR had much better operating ratios and the pandemic effects them too. I’m just not looking forward to the coming months, they’re going to do some crazy cuts, they have to. Another 70+% can’t be explained next quarters call when the rest of the industry is doing much better

by
|
Post ID: @3fal+16gLgCZH

Don’t nobody get too excited...it would be nice if that getting rid of that —— meant NS has finally come to its senses but sadly he’ll only be replaced with someone as bad or probably worse so they can press on with their dismantling of this company. STILL....hopefully this was a forced departure and wouldn’t it be great if they had a clause in his tenure contract that doesn’t give him a cent to be on his way. Couldn’t happen to a better —-.

by
|
Post ID: @2kjw+16gLgCZH

Also was told he’s got some harassment legal cases involving males pending....

by
|
Post ID: @2zxz+16gLgCZH

After a year of leading NS’s “clean sheeting” initiative in a consulting role, Michael A. Farrell was named senior vice president transportation in Nov. 2018, then appointed senior vice president of operations and mechanical in Aug. 2019. Yesterday, NS president, chairman and chief executive officer Jim Squires announced that Farrell was no longer with the railroad, and a reason or explanation was not offered.

by
|
Post ID: @2pwu+16gLgCZH

Does that mean Farrell is finally gone?

by
|
Post ID: @2qnx+16gLgCZH

Post a reply

: