Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

CSX lays off 5% of management staff, furloughs conductors [Yahoo! Finance]

Union Pacific Corporation (UNP) 
Last union pacific corporation earnings: 4/23 08:00 am Check Earnings Report
US:NYSE Investor Relations: up.com/investors
Company Research Source: Yahoo! Finance
Other cost-cutting moves, according to Trains sources, include cuts to some management benefits and furloughs to 193 conductors, including 61 covered by the railroad's Baltimore & Ohio union agreement and 132 on former C&O, Seaboard Coast Line, and Louisville & Nashville lines. An additional 157 conductors were placed in unassigned status, meaning they were not awarded jobs for the week when bids opened. Travel has also been cut back and extra boards have been trimmed. In a message to employees, chief executive Steve Angel said the positions were eliminated “as part of our efforts to streamline the organization given challenging economic conditions.” Those affected had been informed before the message was released. “We understand the effect this decision has on them and their families,” Angel said, “and we are committed to supporting them with competitive severance packages and employment transition services.” Angel replaced Joe Hinrichs as CSX (NASDAQ: CSX ) CEO in September, Show less Read more
Impact Snapshot
Event Time:
UNP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
UNP alerts

from News Quantified
Opt-in for
UNP alerts

from News Quantified