It should be interesting just how much @$$ kissing the next ceo and coo will have to do for the customers and employees. Let’s face it when mr 8% and the hatchet man leave the company their collective legacy will be that neither did anything to improve the company long term, and brought a once towering titan in the industry to the verge of failure for corporate greed and stockholder appeasement. It should be interesting to see what $uckers they get to extinguish the raging dumpster fire left behind. The employees and customers left behind from the PSR Ponzi scheme should take them to task and they probably will.
10 replies (most recent on top)
@2mwd
I was called delusional for saying almost the same thing when this all started. Very few people saw it the way I did. I loved my job too, but I never fully trusted the company. I never bought into their propaganda.
This is how corporate America rolls these days. It's just the way it is. One thing I've learned (and probably many of us have learned) is that all this talk about teamwork, excellence, "building America", "an excellent customer experience", working together, team building, etc.–it's all just corporate nonsense. Utter, total nonsense. I loved working for UP. Loved my job. Loved the company. I was very PROUD to work for UP. And honestly, it was the best job I've ever had, with the best people I've ever worked with. I believed the corporate BS. Well, I learned my lesson. Thing is, I really do think that UP was sincere about that being an excellent company. That they could throw out decades of good will like that, turn on a dime, reject modern technology, and fully buy into PSR still just astounds me. BlackRock doesn't want excellence. They want PSR and a top-down enforced social agenda.
@1jgf
This isn't about poetic justice being served to the current CEO or COO. This is about who comes in after them to clean up the mess made by the current CEO and COO.
@OP I’m sorry, but the idea that people like the CEO and the COO will experience some form of poetic justice in the near or far future is fanciful. This is a world that has been designed by and for people like them. If anything they will be rewarded, most likely with some important public office.
Do you really think that will happen? With this company? I have been here 30 years and even with better management they have never done that. They don’t care about what the customers think. Most of them have to use railroads, regardless of c-appy service due to the cost difference between railroads and trucking. UP only wants large accounts and could care less about small and medium size shippers.
Well once you plss off a customer, that customer then tends to avoid that business that gave them poor service. A good business is one that has to admit when they're wrong, and do what they can to make it right which includes apologizing.
I don’t really see a question either. If and when these guys leave and are replaced the same things will continue. PSR is here regardless of how we feel. I really doubt the next CEO will feel the need to kiss the a– of the employees or customers. All railroads are doing a version of PSR so the customers aren’t being served any better elsewhere. This and most other companies don’t care one bit about their employees or how they feel. They’re only care is profits, nothing else. This company and all railroads will never be the same. Between PSR and technological innovation, there will be fewer and fewer employees in the coming years. It would not surprise me if UP did not contract out all maintenance and short line parts of the railroad when they have cut as far as possible. This is happening to other class1’s and UP likes to copy what the others are doing. If you have over 5-10 years to retirement, you better be updating your resume and seriously looking for another profession.
What will be the future business for UP??? Especially since they currently are having issues delivering and keeping current customers. They are quick to pat themselves on the back when they get new business from amazon and waste management, and downplay losing everyone else they’ve forced to take their business to competitors or are on the verge of losing to competitors.
Yes there probably was a variation of it asked once before, and will probably be asked again and again. Why does that bother you? Normally when questions get asked that don't get answered, they will get asked repeatedly until it's answered. That question can't be answered, because it's based on future scenario. No one can fully answer that question yet. It's still an interesting question to be asking, because it will affect future business for the UP.
I feel like I've seen this post or a variation of it a thousand times. Post something useful or move on. We get it.