Thread regarding Norfolk Southern Corp. layoffs

This should be illegal.

"Mark George
Yes. Ken, look, I think in terms of headcount, we've taken a lot out this year. There's actually more to come. So not only will we enjoy the benefit of
the full year effect of those employees that came out in the back half of this year, but there are more to come in the beginning part of this year.
And then frankly, we just have to see how volume shakes out and determine how much further we can go and absorb the volume that we're
assuming to get returned in the back half of the year."

Their earnings conference call for Q4 2019 after a big round of layoffs.

Source: http://www.nscorp.com/content/dam/QuarterlyEventFiles/4q-2019/4q2019_transcript.pdf

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| 2171 views | | 5 replies (last December 5, 2021) | Reply
Post ID: @OP+1e2x20LS

5 replies (most recent on top)

Get this to the media, this isn't humane.

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Post ID: @7asj+1e2x20LS

Paste for sale here, get your paste. I'll be a millionaire selling paste to these id--ts to eat. The companies C-level management is full of paste eaters. They literally couldn't do any worse if any share holders are reading this they are not doing you a favor when this company fails your other stock portfolio holdings will suffer due to shipping and raw material shortages. Stop this before it's too late, on the other hand don't stop it I'll make lots of money not moving freight and sitting on engines outlawed.

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Post ID: @yhk+1e2x20LS

Never trust a man with two first names. This company is full of them.

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Post ID: @wmk+1e2x20LS

And now they can't move freight, who could have seen it coming! You really can't make this stuff up.

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Post ID: @gqq+1e2x20LS

I remember reading that at the time and thinking I hope he equally enjoys his time in he-l!

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Post ID: @akk+1e2x20LS

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