Thread regarding Union Pacific Corp. layoffs

Cutting salaried workers and hiring contractors - the easiest way to cut costs

You guys miss the big picture this is all about $$$. A salaried and benefit person cost too much contractors cheap. Thus is all about Wall Street stock jump. Ownership by internal employees is not and never be valued again. Read hunter Harrison’s biography , 38% of Union Pacific expense is salary and benefits followed by fuel 17%

Guess what is the easiest to drive shareholder value right size the mothership which has 21,000 employees so bottom line everyone must add value or will be shown the door . Unified precision is a two yr process and a lot of blood letting along the way

OP by@VFHlHLu-1axc . The original poster made some valid points here

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Post ID: @OP+VG629XZ

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Actually there was 10k or 11k last year with projected to be 8k by 2022 or 2024. There is more then 5k now. Thanks-payroll

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Post ID: @1mwn+VG629XZ

I’m not sure if your saying that there are 21,000 total employees at UP or if you think there are that many salaried managers. If you think there are that many salaried managers, there are actually less than 5000.

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Post ID: @1pmw+VG629XZ

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