Thread regarding Union Pacific Corp. layoffs

According to Glassdoor, 93% of Union Pacific employees approve of the CEO.

Leaving that is. They approve of him leaving in 2021. Only 7% want him to stay. Never fear he’s on his way out.

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| 1531 views | | 11 replies (last August 21, 2020) | Reply
Post ID: @OP+16xvZAuO

11 replies (most recent on top)

Whether he leaves or goes is a pointless argument. Getting anyone to work for this company in the future is the very best question one should be asking now. I dont think the company will fair so well when they have to constantly pay a large sign on bonus just to get people to work for them. Let's not forget the people that will quit just to get away from this horrible company.

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Post ID: @1nvj+16xvZAuO

It’s strange how giving a reality-based response to a fanciful proposition makes one a “fanboy” in the UP universe.

There’s a difference between liking the CEO and being close enough to reality to say that he will probably remain in his job through 2021, especially with most performance metrics being met. Would it be a better place to work if he quit? Maybe, but that depends on who replaces him.

A little nuance goes a long way.

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Post ID: @1qzu+16xvZAuO

id–t!

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Post ID: @1svc+16xvZAuO

Oh no he saw us run!!!!!

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Post ID: @1bnt+16xvZAuO

Not UP fanboys just realistic. You are delusional if you think a bunch of millionaires care about what the workforce thinks about the CEO or anything else for that matter. Just because we don’t like the way things are going doesn’t mean they will change. Glassdoor and other polls mean nothing to those making huge profits.

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Post ID: @fus+16xvZAuO

Guys be still. The UP fanboys are here and they can smell hatred of UP. Throw a train whistle in the woods to distract them and run for your life

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Post ID: @ygy+16xvZAuO

As much as we wish, the CEO is not going to be fired. He has done precisely what the board of directors instructed him to do. Glassdoor rating mean nothing to the board and the majority stockholders, the only thing they care about are profits. We keep getting these posts that the CEO is getting fired, etc and it hasn’t happened and won’t unless the bottom falls out with the economy which in turn would affect UP’s profits. Even then he might stay on as the board would consider the source of the downturn. We should just face the fact that we are probably going to have the current CEO until he decides to leave.

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Post ID: @cys+16xvZAuO

@iad Do you have any evidence for that?

Share price has been rising steadily since 2016, and share prices don't typically jump on news of CEO/COO replacement, unless either is preceded by a sudden or sustained drop in share price, or some other performance metric that matters to the shareholders.

I would be pleasantly surprised if the CEO or the COO are replaced in 2021.

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Post ID: @mjl+16xvZAuO

Although I feel he'd stab you in the back in a heart beat and I wouldn't trust him any further than I could throw him, he's made me a millionaire. So, what do you do?

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Post ID: @jpr+16xvZAuO

Stocks are up because the ceo and coo are going to be replaced. They know better times are ahead with a change in leadership

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Post ID: @iad+16xvZAuO

There’s already a thread going about this.

I checked the UP share price before replying. The CEO isn’t going anywhere, even if he has a 0% approval rating. Unless there is a sudden and/or sustained decline in share price nobody is going to show him the door. Why should they? He’s making them rich.

The COO is a different story. They’re usually the first one to be replaced during a shakeup, and at UP it doesn’t really matter who has the job anyway.

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Post ID: @qux+16xvZAuO

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