The rumor is that a few hundred will be laid off in 2016. I cannot confirm that but that's what I heard and I would like to share it here in order to see if someone has more information about what UPRR management is planning to do next year. If things continue to be slow in O&G we will all suffer, but if things pick up there is some chance that things may improve very quickly.
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Jobs will be cut in the coal regions first. Oil regions is next if oil continues to drop to levels seen in the coal industry. Good example is Denver. The states with the largest recoverable coal reserves are, in descending order, Wyoming, West Virginia, Illinois, and Montana.
Union Pacific will be decreasing it's Chicago Service Unit, mechanical department workforce by 20%. That's about 400 individuals that make up the Chicago Service Unit. It includes all crafts that make up the Service Unit. This will happen sometime in January or February. This is fact. I'm sorry.
Union Pacific will be decreasing it's Chicago Service Unit, mechanical department workforce by 20% or 400 people that make up that the mechanical department. This will happen sometime in January or February.
Union Pacific has laid off 5500 employees for A month between December 10 and January 3 because of piss poor budgeting/management and misuse of funds within their engineering dept
We'll see what happens, 2016 will be tough year, I can tell you that much - there is so much anxiety in the trenches - people know that things are not panning out well for us lately