Thread regarding Norfolk Southern Corp. layoffs

Massive cuts

Hatchet man at a town hall in Ohio. If you don’t have 15 years in you will be on the street. If you do have 15 years in you will wish you were on the street. Need 1500 more in cuts.

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| 2781 views | | 14 replies (last November 11, 2019) | Reply
Post ID: @OP+11WoIZpe

14 replies (most recent on top)

And the reason will be....revenues will continue to fall. Again...the man has a Bachelors Degree. Hes not that smart. His old boss could do it. He cant. End of story.

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Post ID: @2duf+11WoIZpe

They will never hit 60%. Ever. Not a snowball's chance in hell.

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Post ID: @2wqt+11WoIZpe

This company is like a fat guy who promised the shareholders he would loose 50 lbs. He finds out it’s not that easy so he cuts off his leg. 50 lbs is 50 lbs. So this is what being efficient feels like.

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Post ID: @2ihv+11WoIZpe

While I agree that this post is BS, don’t trust the number of cuts the company announces to the public. They originally announced 3,000 cuts by 2021, now it is 3,200 by 2020. Point is this company is unstable, I don’t even think the top executives know what they’ll have to do to reach this 60% OR.

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Post ID: @2bxj+11WoIZpe

You don’t have to believe it. He will get to 60 OR and beyond no matter what. Even if it bleeds the rail road to death. Too many promises made to not deliver.

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Post ID: @1qxc+11WoIZpe

I call BS on this post. I'm in Ohio and have friends in Bellevue and other points. There nowhere near me atm. As far as I'm concerned this part is false.

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Post ID: @1ibz+11WoIZpe

Bahaha

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Post ID: @1ykh+11WoIZpe
  • still no backing to your claims ...... random numbers ment to rustle the younger side of the roster....
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Post ID: @1pmb+11WoIZpe

They are not where they thought they would be at this time with the 3200. OR still too high. So 1500 more need to be cut.

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Post ID: @udp+11WoIZpe

Never said anything about faith there hoss. 3200 is in there 3rd qtr transcript, I'm simply asking where the "" 1500"" more came from. Sure sounds like made up BS since I've yet to see any backing to the info

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Post ID: @mki+11WoIZpe

The same beancounter that picked 3200 out of the air and put it on paper. You put a lot of faith in what you read. If they want 5500 gone I'm sure they can.

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Post ID: @vvf+11WoIZpe

Okay so again I ask there stooge, where did the 1500 come from

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Post ID: @nfk+11WoIZpe

Maybe ns changed the plan and wants 1500 more.....sorry they forgot to run it by you first...really think they have to follow any script....bahaha

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Post ID: @ctp+11WoIZpe

Where are you getting 1500 ?? The 3rd qtr report said there was already 2400 and they wanted 3200 by year end prior to the most recent layoff ...... basic math isnt your strong suit is it ??

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Post ID: @afm+11WoIZpe

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