PJS1Unless one is a subscriber to the Wall Street Journal and Barron’s, h/she cannot open the complete article per the links above. What is the message? Businesses should not lay off workers if business conditions change for the worse? Of the approximately 3,000 workers UP is furloughing or letting go, how many were given voluntary separation packages, early retirement packages, etc. And what are the details? How many supervisors and managers are being let go? Or given early retirement packages?
What is the message? Businesses should not lay off workers if business conditions change for the worse?
Of the approximately 3,000 workers UP is furloughing or letting go, how many were given voluntary separation packages, early retirement packages, etc. And what are the details?
How many supervisors and managers are being let go? Or given early retirement packages?
How much institutional knowledge is be ushered to the door - so the mistakes of the past can be repeated and relearned in the future and at what cost?
Never too old to have a happy childhood!
I think they are going to regret that decision in the next 6-8 months.
Unless one is a subscriber to the Wall Street Journal and Barron’s, h/she cannot open the complete article per the links above.
Rio Grande Valley, CFI,CFII
UP traffic and revenue in decline, but cost-cutting boosted earnings and lowered OR below 60.
https://www.barrons.com/articles/union-pacific-stock-earnings-cost-cuts-revenue-freight-volume-51579789041
And the survivors burnout even faster.
Surprise, Surprise - NOT!
https://www.wsj.com/articles/union-pacific-to-cut-nearly-3-000-jobs-11579798292
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