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Burning Journal -> NS -> 7% GONE
Post Info TOPIC: 7% GONE
Cy Valley


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January 25, 2024:

ATLANTA Norfolk Southern told employees today that it will eliminate 7% of its management and staff positions as a cost-cutting move.

The railroad is set to publicly announce the cutbacks during its fourth-quarter earnings call on Friday morning. NS is offering voluntary severance packages to eligible employees, according to people familiar with the matter. Roughly 300 positions will be eliminated.

Norfolk Southerns earnings have taken a hit from inflation, a soft freight market, and costs related to cleanup of the Feb. 3, 2023, derailment and hazardous materials spill in East Palestine, Ohio.

The railroad is maintaining its commitment to not furloughing train crews during downturns, however, as part of its strategy to provide more consistent, reliable, and resilient service over the long term, according to people familiar with the matter.

A Norfolk Southern spokesman declined to comment.



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Pipes FC


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Furlough? It's Friday and every train ordered for the next 48hrs will come back "EOD EN and CO, next rested 6am Monday"



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 DJ will never be the Republicunt nominee. Permalynx this. Snippy 2/2/2016

 
Snippy


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So, is the rumor true that investigations are a thing of the past?

Labor Relations schmucks who just finally stopped WFH and grudgingly went tu Atlanta worried about today's announcement. New babies, and everything....

https://finance.yahoo.com/news/norfolk-southerns-fourth-quarter-profit-140815932.html

"Norfolk Southern's fourth-quarter profit falls 33% as Ohio derailment costs continue to grow"



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 I think LAMCo is done with the neo-nazi CSX rejects -- Pipes FC 8/5/23
jonnycantdo


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It won't last....they will all sneak back in eventually...they always do.

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I am not yet older than dirt...but I feel like it.
Pipes FC


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Snippy wrote:

So, is the rumor true that investigations are a thing of the past?


 We have a guy who snuck through the training process.  After his last fuck-up, he wasn't even pulled out of service, but was told another fuck-up and you're done.

On the flip side they fire trainees and new mark-ups like it's nothing.  You can be around a trainee for a couple minutes and be like "they're going to fire you bro" no



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 DJ will never be the Republicunt nominee. Permalynx this. Snippy 2/2/2016

 
Snippy


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*cy*, I don't know if you remember Drew Shepherd of the Department of Lies, Discontent, Discord, & H8trd at LAMCO. He was a pliant good boy that moved around in a great sucking vacuum that he created. He did his own homework and knee work while the others thought that the knees were enough. He moved tu Atlanta for the pandemic. His boss, Jerewormy Moore, didn't.

I saw Jerewormy Moore down at the beach going into the big $$$ bux Hilton in his prissy country club tennis whites. He told me he was living the life back when I saw him. Right when I left seven years ago, he had gotten an AVP promotion and bought a big $$$ house on a private country club at the beach. He and his young boys and hawtwife moved in just in time for his hawtwife tu dump him. Shockingly, she was re-married in no time. He got a big split of joint boys time custody.

Then, Jimmy Black Glasses made the big 'you're moving to the big old HQ building in Norfolk' from your private suites we've rented for 30 years. (That was so that when Timmy McVeigh parks his U-Haul, it will be in front of the Department of Hate and Discontent, far away from real HQ.) The playhouse of doom was officially busted up.

Then, as soon as they moved into their ratty, unrefurbished main HQ offices, they were ordered to The Atlanta Incubator Campus. You know, when it opens. Then, the pandemic hit. He worked from home and shuttled back and forth for three years on Delta on LAMCO's millions of dimes. Delta has a very nice schedule where you can leave here at 0520 and MARTA into a downtown ATL office by 0800. Now, he's still shuttling Monday morning and Friday afternoon on his own dimes. It ain't cheap. Evidently, that didn't pass the LAMCO Loyalty Test. Jerewormy has a new boss. His name is Drew Shepherd, VP of Employee Turmoil. MOLA!



-- Edited by Snippy on Friday 26th of January 2024 12:38:47 PM

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 I think LAMCo is done with the neo-nazi CSX rejects -- Pipes FC 8/5/23
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