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This is exactly the problem with corporate America now days. I’m surprised that the headlines weren’t "CSX cuts 1000 jobs, buys 1 million bucks of Super Bowl tickets and gives CEO and CFO 1 million in bonuses. I don’t mind Exec’s getting a good salary. But come on. Just the perks they get are more than the Average Joe makes in total wages. Maybe Bush can give them another tax break so they can make ends meet!
Wall Street will applaud CSX for Cost Cutting and another 1000 will join the Wal-Mart
employee pool. Good-bye Middle-Class, Hello Third World.
I feel that csx should really look at the balance sheet.If they have to layoff people where do you have the $$$$ for football?
stay safe
Joe
SICKENING! The rich get richer, the poor get poorer.
After what has happened to some very greedy and stupid CEO’s in big business, you would think that those in charge of CSX would have more brains. I fear they are playing with a deck of 32. And to lay off 1000 workers to boot? What collosal hyprocritical asses they are. I hope they get their just reward.[V]
I don’t know about the CEO’s but Bush’s tax break helped me and I’m an average working stiff.
Reference the CSX Super Bowl issue:
If the railroad plans on giving railfans the Super Bowl tickets, I’ll side with the railroaders’ job lose concerns.
On the other hand, if the railroad plans on showing appreciation for or pleasing current customers, or hopes to attract new customers, that may work toward the best interest of both the railroad and its employees.
I think CSX management should take a good look at themselves. Cutting costs is one thing, but it is disgusting that they buy tickets like that. The scary thing is that management don’t see the connection.
atsfan- you must be one of his rich buddies. It sure didn’t help me or anyone else I know.
Maybe I’m wrong, but I think that continued funding of Amtrak is pretty inportant too.
I voted for the CN acquisition of BC Rail since I am Canadian and model the CN. A lot of people are protesting CSX’s decision to lay off workers and then buy super bowl tickets. These people don’t have the full stoy yet…It sounds pretty awful, but we don’t have the facts. Maybe the tickets are part of the advertising department’s way of enticing or keeping customers to boost their bottom line and laying off employees is another way of another department. As much as we don’t like it the bottom line is the real figure to CSX. Some people are making a political statement, but I say lets leave politics out of this forum
IF employment can be cut by 1000 without impacting the level of service, then previous management has been completely ineffective . CSX does not have great service levels and they have had numerous situations where level of maintenance has caused numerous derailments. Ony time will tell the impact of cutting jobs.
Csx has been maintenance"blitzing" here in the area.I dont think a quick fix is the answer for them.
stay safe
joe
The story of corporate greed is an old story. The fact that the economy is picking up, seems like much bigger news to me!
Well it is just following the foot steps of Dr. Thomas Durant. Some things in railroading never change. Screwing the little guy has its roots deep in rail history. But, it doesn’t have to be that way. There was a time when working for the railroad was being part of the team and knowing you’d be taken care of.
If you want to eat vote Democrate, if you want to starve vote “pub”
Friends don’t let friends vote republican
“If you want to eat vote Democrate, if you want to starve vote “pub”
Friends don’t let friends vote republican.” Yeah Casey but, remember a Dem. signed N.A.F.T.A. It is time that us working joes woke up and smelled the coffee. Neither the D.or R. give a hoot about us, just getting re-elected. Our standard of living is NOT getting better. The “SLAVE” owners (read corp C.E.O.'s and Wall St. Exec’s) are getting outrageously fat off of our work,while we eek out an existance.
I’d rather watch trains run than trailer trucks. The rails built the nation and it takes a few CEO’s to tear down a system that has employed millions(including my grandfather,Joseph Zeppa) since it’s beginnings. Kick the CSX CEO’s in their collective butts for such a stupid move!