Your approval rating is down from 18% to 15% on Glassdoor just within the past month. I think you are really winning the employees over.
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Everyone here should know by now this company and with the current leadership don't care about the employees, I seen it on the news and you can still find it on the internet today. A mother who had Cancer was let go and just told good luck as she was escorted out the door. I do want to say this company sounds like Hitler and how he lead the Nazi party.
Oh Lance. How disappointed we are in your performance. Please consider becoming the general manager of a car dealership. If you take Rob Knight to crunch the numbers and Vena to be the used car sales manager, I think you will have met your calling. At least there you can be shady and icky without having to pretend you’re just a great guy!
Just move the darn train
Lance cares nothing about the employees or families lives he destroys, just a puppet to the wicked hedge fund, they all walk with the devil
I wasn't impressed by the members of the executive team who I met while working at UP, including the person named by the original poster. In the limited exposure I had to them, here were my takeaways:
They genuinely think they have their business (i.e. the railroad) entirely figured out. This is problematic because (in case none of you have noticed), it makes them unlikely to correct or compensate for obviously poor decisions.
The culture is very insular. Outside input is unwanted and unwelcome. The hiring of the current CEO was an attempt to correct this, but he seems to have fallen into the same trap of applying solutions that made sense ten years ago to the problems of today.
They're probably using the wrong numbers. Operating ratio is important, but it isn't the end-all/be-all of their business. It is also (at best) a relative measure, and it doesn't account for things like returns to scale, output elasticity, etc. I was convinced that none of them fully understood economic utility functions or the relation between labor and capital in general.
Most importantly, they have stopped viewing their workforce as an asset, and instead see it as a liability. This was true even before the reductions began, but in October of 2018 the gloves came off. This scorched-earth approach to reducing the workforce is starting to show adverse effects throughout the system, and it will only get worse as they continue.
Good luck and be safe.
Thanks for the kind thoughts!
Now move those damn trains÷
Lance couldn’t get elected president of the sanitation department. He would have to get outside and shake hands and relate to people.
Lance himself isnt a threat to anybody. Hes a tool by definition.
When we should be worried is when he springs his political candicy on a district near you.
Is there a specific problem you have with it? It is a reputable site.
Take what you read on Glassdoor with a grain of salt.
Not a fan of the Chairman BTW.
I’m really baffled he’s still the CEO.
As a shareholder I could care less what the employees rate him - NOBODY CARES! Now get back to work!
He totally bought into the mantra that really permeated business schools in the 80s - “A corporation exists only for shareholders to make money off of capital invested.” The problem with that is that you end up running a business that will do anything for a buck; ethics, community, workers, the environment, and any kind of legacy be damned....
Lance does not care. His New York money masters made him a rich man. A man of his caliber would be selling used cars if it were not for the money men behind the curtain.
Well thank you.
Lance