Thread regarding Norfolk Southern Corp. layoffs

Last recession

I wasn't here in 2008. Now I'm worried about what will happen if the recession hits. What did the past recession look like in this company from your perspective?

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Post ID: @OP+1hk1wMcO

5 replies (most recent on top)

2008 was bad. It was not a garden variety recession, but what we call today as the Great Recession. The recession we are currently in/about to be in will mostly likely be much milder. As far as layoffs, it's difficult to say. I really think they'll try and control overtime and guarantee pay and not furlough near as quickly as they did in the past. They acknowledge in their STB updates that there's been a fundamental change in the workforce. First, it's more difficult to get a person that wants to do the lifestyle of this type of work. Secondly people these days won't return from furloughs in the numbers they once did. I'm not saying furloughs won't happen especially if the numbers get really bad at a certain location, but I think they'll be more hesitant than years past to quickly furlough.

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Post ID: @epty+1hk1wMcO

Yup you will be laid off and they will still make record profits and give out bonuses. And when things pick up again they'll complain that no one wants to take their call back.

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Post ID: @1ziz+1hk1wMcO

Around here they furloughed almost all of the student carmen. It started in late 08 in some places and got us in spring 09. I went to GA for school in January 09 and they came in and pulled a guy out of our class. He had been furloughed while in school. I missed 9 and a half months that time.

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Post ID: @1nfb+1hk1wMcO

Hmm well in 2008 I was furloughed. So yea furloughs.

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Post ID: @1bod+1hk1wMcO

Depending on your Hire Date. In our area Conductors were furloughed pretty deep. 4-5 yrs seniority. It boils down to how many you have under you. I can assure you if NS can Furlough you they will to save $$.

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Post ID: @rpb+1hk1wMcO

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