Layoffs a reflection of the companies stock strength or weakness.
What do you think? Most of the Northern Division has layoffs in transportation, even some people that have 4+ years in... Could the length or amount of layoffs for the employees be reflected in the stock prices since they have higher profits with less workers? Furthermore would bringing back the laid off employees reflect in a lower stock price since profit margin would be lower with more workers?
The only reason to have layoffs is less business,bottom line.The railroads have right sized their employment levels to where layoffs are not on a seasonal basis.You want more workers as an indication of needing more trains. Especially so on the transportation side.
Hate to tell you two, but I just retired after 35 years, and layoffs have and will always be a part of the railroad industry. You can't blame Obama for it. You can't blame Ward for it. It is one of those things that happen. It always correct itself anhd everyone goes about their business. It has more to do with seniority, and the amount of money the greedy ones want to make.