CP is one of Calgary's bigger employers..
Disappointing, but not surprising news.
http://www.cbc.ca/news/business/cp-rail-jobs-profits-1.3413696
Canadian Pacific Railway plans to cut 1,000 positions this year as it adjusts to lower shipment volumes and profits.
The Calgary-based rail company says most of the cuts to unionized and management positions will result from attrition and kick in by the middle of 2016.
Since 2012, the railway has cut 6,000 to 7,000 positions, including 1,200 last year alone.
CP made the announcement on a conference call Thursday after releasing its fourth-quarter and year-end results.
"There's probably 1,000 additional heads to come out potentially in 2016," is how CEO Hunter Harrison replied to an analyst's question on the company's head count. "So there's still room there."
The company's numbers show profits slipped 29 per cent to $319 million, or $2.08 per share, in the three months before Dec.31. Those numbers are down from $451 million, or $2.63 per share, a year earlier.
For the year as a whole, however, CP saw revenue of $6.71 billion and $1.35 billion in profit — both record highs, but both less than what analysts had been expecting.
The company is seeing reduced demand for its services, as the North American economy shows signs of a slowdown. Once the impact of currencies are stripped out, revenues from crude oil shipments were down 19 per cent this year, metals shipments were down 10 per cent and auto parts were down two per cent, according to an investor presentation released Thursday.
That could be poised to get worse. "The numbers were OK, but it was the guidance going forward that kind of freaked everybody out," said Barry Schwartz, the chief investment officer of Baskin Wealth Management in Toronto.
"This is a boom-bust business, the railroad business," he said, adding that CP's rival CSX said the economy is in a "freight recession" earlier this week.
The job cuts are not surprising considering the reduced demand to ship commodities. "What's it going to look like if Canada goes into a recession," Schwartz said. "Are we still going to be shipping a lot of oil and resources and grains?"
CP is in the midst of trying to merge with U.S. railway Norfolk Southern, a deal that would create the largest rail company in North American but one that has thus far been rebuffed by the target company's board.
I work(ed) with a guy who use to work for the railway companies as a lineman, Fash.
He was with us until Christmas.
But last I heard, he just had triple bypass surgery.
It must be a job that's hàrd on the body.
Anyways, he's not comin' back anytime soon.
I think if they had a buyout package and I was working for them, I'd take it.
Might even live longer.
Quote from: "J0E"
I work(ed) with a guy who use to work for the railway companies as a lineman, Fash.
He was with us until Christmas.
But last I heard, he just had triple bypass surgery.
It must be a job that's hàrd on the body.
Anyways, he's not comin' back anytime soon.
I think if they had a buyout package and I was working for them, I'd take it.
Might even live longer.
There's no such job in railways engineering services. There is signals and communications maintainer.
Quote from: "Fashionista"
CP is one of Calgary's bigger employers..
Disappointing, but not surprising news.
http://www.cbc.ca/news/business/cp-rail-jobs-profits-1.3413696
Canadian Pacific Railway plans to cut 1,000 positions this year as it adjusts to lower shipment volumes and profits.
The Calgary-based rail company says most of the cuts to unionized and management positions will result from attrition and kick in by the middle of 2016.
Since 2012, the railway has cut 6,000 to 7,000 positions, including 1,200 last year alone.
CP made the announcement on a conference call Thursday after releasing its fourth-quarter and year-end results.
"There's probably 1,000 additional heads to come out potentially in 2016," is how CEO Hunter Harrison replied to an analyst's question on the company's head count. "So there's still room there."
The company's numbers show profits slipped 29 per cent to $319 million, or $2.08 per share, in the three months before Dec.31. Those numbers are down from $451 million, or $2.63 per share, a year earlier.
For the year as a whole, however, CP saw revenue of $6.71 billion and $1.35 billion in profit — both record highs, but both less than what analysts had been expecting.
The company is seeing reduced demand for its services, as the North American economy shows signs of a slowdown. Once the impact of currencies are stripped out, revenues from crude oil shipments were down 19 per cent this year, metals shipments were down 10 per cent and auto parts were down two per cent, according to an investor presentation released Thursday.
That could be poised to get worse. "The numbers were OK, but it was the guidance going forward that kind of freaked everybody out," said Barry Schwartz, the chief investment officer of Baskin Wealth Management in Toronto.
"This is a boom-bust business, the railroad business," he said, adding that CP's rival CSX said the economy is in a "freight recession" earlier this week.
The job cuts are not surprising considering the reduced demand to ship commodities. "What's it going to look like if Canada goes into a recession," Schwartz said. "Are we still going to be shipping a lot of oil and resources and grains?"
CP is in the midst of trying to merge with U.S. railway Norfolk Southern, a deal that would create the largest rail company in North American but one that has thus far been rebuffed by the target company's board.
Actually most jobs that will be lost will be contractors. It will affect mostly engineering service contractors like A&B and PNR crews. CP's own unionized gangs will be carrying out more of their own work this year. Most section elimination has already taken place. Even in running trades, only a few jobs will be lost because of changes in routing and the increase in train lengths that have already happened when Harrison/Creel took control.
There will be a hiring freeze for now on most unionized positions. The gangs can expect little if any O/T this year unless they haven't got the track buttoned up yet within their block. O/T for engineering and mechanical will be on emergency only and yard switchers rarely got O/T anyway.
Quote from: "Shen Li"
Quote from: "Fashionista"
CP is one of Calgary's bigger employers..
Disappointing, but not surprising news.
http://www.cbc.ca/news/business/cp-rail-jobs-profits-1.3413696
Canadian Pacific Railway plans to cut 1,000 positions this year as it adjusts to lower shipment volumes and profits.
The Calgary-based rail company says most of the cuts to unionized and management positions will result from attrition and kick in by the middle of 2016.
Since 2012, the railway has cut 6,000 to 7,000 positions, including 1,200 last year alone.
CP made the announcement on a conference call Thursday after releasing its fourth-quarter and year-end results.
"There's probably 1,000 additional heads to come out potentially in 2016," is how CEO Hunter Harrison replied to an analyst's question on the company's head count. "So there's still room there."
The company's numbers show profits slipped 29 per cent to $319 million, or $2.08 per share, in the three months before Dec.31. Those numbers are down from $451 million, or $2.63 per share, a year earlier.
For the year as a whole, however, CP saw revenue of $6.71 billion and $1.35 billion in profit — both record highs, but both less than what analysts had been expecting.
The company is seeing reduced demand for its services, as the North American economy shows signs of a slowdown. Once the impact of currencies are stripped out, revenues from crude oil shipments were down 19 per cent this year, metals shipments were down 10 per cent and auto parts were down two per cent, according to an investor presentation released Thursday.
That could be poised to get worse. "The numbers were OK, but it was the guidance going forward that kind of freaked everybody out," said Barry Schwartz, the chief investment officer of Baskin Wealth Management in Toronto.
"This is a boom-bust business, the railroad business," he said, adding that CP's rival CSX said the economy is in a "freight recession" earlier this week.
The job cuts are not surprising considering the reduced demand to ship commodities. "What's it going to look like if Canada goes into a recession," Schwartz said. "Are we still going to be shipping a lot of oil and resources and grains?"
CP is in the midst of trying to merge with U.S. railway Norfolk Southern, a deal that would create the largest rail company in North American but one that has thus far been rebuffed by the target company's board.
Actually most jobs that will be lost will be contractors. It will affect mostly engineering service contractors like A&B and PNR crews. CP's own unionized gangs will be carrying out more of their own work this year. Most section elimination has already taken place. Even in running trades, only a few jobs will be lost because of changes in routing and the increase in train lengths that have already happened when Harrison/Creel took control.
There will be a hiring freeze for now on most unionized positions. The gangs can expect little if any O/T this year unless they haven't got the track buttoned up yet within their block. O/T for engineering and mechanical will be on emergency only and yard switchers rarely got O/T anyway.
That is a relief.
Quote from: "Shen Li"
Quote from: "Fashionista"
CP is one of Calgary's bigger employers..
Disappointing, but not surprising news.
http://www.cbc.ca/news/business/cp-rail-jobs-profits-1.3413696
Canadian Pacific Railway plans to cut 1,000 positions this year as it adjusts to lower shipment volumes and profits.
The Calgary-based rail company says most of the cuts to unionized and management positions will result from attrition and kick in by the middle of 2016.
Since 2012, the railway has cut 6,000 to 7,000 positions, including 1,200 last year alone.
CP made the announcement on a conference call Thursday after releasing its fourth-quarter and year-end results.
"There's probably 1,000 additional heads to come out potentially in 2016," is how CEO Hunter Harrison replied to an analyst's question on the company's head count. "So there's still room there."
The company's numbers show profits slipped 29 per cent to $319 million, or $2.08 per share, in the three months before Dec.31. Those numbers are down from $451 million, or $2.63 per share, a year earlier.
For the year as a whole, however, CP saw revenue of $6.71 billion and $1.35 billion in profit — both record highs, but both less than what analysts had been expecting.
The company is seeing reduced demand for its services, as the North American economy shows signs of a slowdown. Once the impact of currencies are stripped out, revenues from crude oil shipments were down 19 per cent this year, metals shipments were down 10 per cent and auto parts were down two per cent, according to an investor presentation released Thursday.
That could be poised to get worse. "The numbers were OK, but it was the guidance going forward that kind of freaked everybody out," said Barry Schwartz, the chief investment officer of Baskin Wealth Management in Toronto.
"This is a boom-bust business, the railroad business," he said, adding that CP's rival CSX said the economy is in a "freight recession" earlier this week.
The job cuts are not surprising considering the reduced demand to ship commodities. "What's it going to look like if Canada goes into a recession," Schwartz said. "Are we still going to be shipping a lot of oil and resources and grains?"
CP is in the midst of trying to merge with U.S. railway Norfolk Southern, a deal that would create the largest rail company in North American but one that has thus far been rebuffed by the target company's board.
Actually most jobs that will be lost will be contractors. It will affect mostly engineering service contractors like A&B and PNR crews. CP's own unionized gangs will be carrying out more of their own work this year. Most section elimination has already taken place. Even in running trades, only a few jobs will be lost because of changes in routing and the increase in train lengths that have already happened when Harrison/Creel took control.
There will be a hiring freeze for now on most unionized positions. The gangs can expect little if any O/T this year unless they haven't got the track buttoned up yet within their block. O/T for engineering and mechanical will be on emergency only and yard switchers rarely got O/T anyway.
CP's share price is down about $100 from it's all time high about a year or so ago. ac_umm
Quote from: "Fashionista"
CP is one of Calgary's bigger employers..
Disappointing, but not surprising news.
http://www.cbc.ca/news/business/cp-rail-jobs-profits-1.3413696
Canadian Pacific Railway plans to cut 1,000 positions this year as it adjusts to lower shipment volumes and profits.
The Calgary-based rail company says most of the cuts to unionized and management positions will result from attrition and kick in by the middle of 2016.
Since 2012, the railway has cut 6,000 to 7,000 positions, including 1,200 last year alone.
CP made the announcement on a conference call Thursday after releasing its fourth-quarter and year-end results.
"There's probably 1,000 additional heads to come out potentially in 2016," is how CEO Hunter Harrison replied to an analyst's question on the company's head count. "So there's still room there."
The company's numbers show profits slipped 29 per cent to $319 million, or $2.08 per share, in the three months before Dec.31. Those numbers are down from $451 million, or $2.63 per share, a year earlier.
For the year as a whole, however, CP saw revenue of $6.71 billion and $1.35 billion in profit — both record highs, but both less than what analysts had been expecting.
The company is seeing reduced demand for its services, as the North American economy shows signs of a slowdown. Once the impact of currencies are stripped out, revenues from crude oil shipments were down 19 per cent this year, metals shipments were down 10 per cent and auto parts were down two per cent, according to an investor presentation released Thursday.
That could be poised to get worse. "The numbers were OK, but it was the guidance going forward that kind of freaked everybody out," said Barry Schwartz, the chief investment officer of Baskin Wealth Management in Toronto.
"This is a boom-bust business, the railroad business," he said, adding that CP's rival CSX said the economy is in a "freight recession" earlier this week.
The job cuts are not surprising considering the reduced demand to ship commodities. "What's it going to look like if Canada goes into a recession," Schwartz said. "Are we still going to be shipping a lot of oil and resources and grains?"
CP is in the midst of trying to merge with U.S. railway Norfolk Southern, a deal that would create the largest rail company in North American but one that has thus far been rebuffed by the target company's board.
If any services get cut it will be canola and that is so frickin bad for me.
Quote from: "Herman"
If any services get cut it will be canola and that is so frickin bad for me.
The reason grain shipments were a pain for CN and CP is because so much of their hauling volume was devoted to crude because we only have one pipeline to tidewater. Now that producing companies are stockpiling instead of shipping that frees up trains to haul less lucrative items like grain.
Quote from: "Shen Li"
There's no such job in railways engineering services. There is signals and communications maintainer.
...well, even if there isn't, the word 'lineman' sure made for some nice, pretty music...
Well it's understandable, I guess. After all, they did post l̶o̶w̶e̶r record profits for the year. :001_rolleyes:
Quote from: "easter bunny"
Well it's understandable, I guess. After all, they did post l̶o̶w̶e̶r record profits for the year. :001_rolleyes:
I knew you would say that. Simplistic thinking. They sold a lot of equipment this year. Earnings fell short of projections. Fewer trains are moving which means less capital infrastructure spending is required. Why should they keep contracting crews for capital programs that their own unionized crews can do? Explain that one to me.
Quote from: "Shen Li"
Quote from: "easter bunny"
Well it's understandable, I guess. After all, they did post l̶o̶w̶e̶r record profits for the year. :001_rolleyes:
I knew you would say that. Simplistic thinking. They sold a lot of equipment this year. Earnings fell short of projections. Fewer trains are moving which means less capital infrastructure spending is required. Why should they keep contracting crews for capital programs that their own unionized crews can do? Explain that one to me.
Most of the layoffs in heavy oil have not been company employees either. Contracting employees have been let go.
Quote from: "Shen Li"
Quote from: "easter bunny"
Well it's understandable, I guess. After all, they did post l̶o̶w̶e̶r record profits for the year. :001_rolleyes:
I knew you would say that.
Oh yeah. As if! :laugh:
Quote
Simplistic thinking. They sold a lot of equipment this year. Earnings fell short of projections. Fewer trains are moving which means less capital infrastructure spending is required. Why should they keep contracting crews for capital programs that their own unionized crews can do? Explain that one to me.
Why should they keep hiring people to sit on trains doing nothing when they can just use cameras and monitor everything in real time using computers? Pretty soon 'the machine' will have no use for anyone anymore.
Quote from: "Herman"
Quote from: "Shen Li"
Quote from: "easter bunny"
Well it's understandable, I guess. After all, they did post l̶o̶w̶e̶r record profits for the year. :001_rolleyes:
I knew you would say that. Simplistic thinking. They sold a lot of equipment this year. Earnings fell short of projections. Fewer trains are moving which means less capital infrastructure spending is required. Why should they keep contracting crews for capital programs that their own unionized crews can do? Explain that one to me.
Most of the layoffs in heavy oil have not been company employees either. Contracting employees have been let go.
I'm just yanking Shen's chain. =)))
Quote from: "easter bunny"
Why should they keep hiring people to sit on trains doing nothing when they can just use cameras and monitor everything in real time using computers? Pretty soon 'the machine' will have no use for anyone anymore.
Can computers apply handbrakes? Can a computer follow the special instructions in each timetable? Can a computer cut in/cut out air? Can a computer count cars to a joint? Can a computer report a broken rail/busted joint bar? Can a computer know to slow down for a broken frog? Can a computer take a clearance and clarify it with engineering crews and RTC? Can a computer change out a broken knuckle? Can a computer follow inspections rules for passing trains and for trains sitting in a siding?
Never mind the fact that class 1 railways are REQUIRED by Transport Canada to have both a hogger and a conductor, it is physically impossible for computer to run freight trains. Dude, I'd like to take you over to Walker Yard and show you what the job actually involves.
Running Trades is a physical labour job.
Quote from: "Shen Li"
Quote from: "easter bunny"
Why should they keep hiring people to sit on trains doing nothing when they can just use cameras and monitor everything in real time using computers? Pretty soon 'the machine' will have no use for anyone anymore.
Can computers apply handbrakes? Can a computer follow the special instructions in each timetable? Can a computer cut in/cut out air? Can a computer count cars to a joint? Can a computer report a broken rail/busted joint bar? Can a computer know to slow down for a broken frog? Can a computer take a clearance and clarify it with engineering crews and RTC? Can a computer change out a broken knuckle? Can a computer follow inspections rules for passing trains and for trains sitting in a siding?
Never mind the fact that class 1 railways are REQUIRED by Transport Canada to have both a hogger and a conductor, it is physically impossible for computer to run freight trains. Dude, I'd like to take you over to Walker Yard and show you what the job actually involves.
Running Trades is a physical labour job.
What the hell girl? How do you all this stuff? Are you 150 years old and one of the original Chinese who built the CPR?
Quote from: "Shen Li"
Quote from: "easter bunny"
Why should they keep hiring people to sit on trains doing nothing when they can just use cameras and monitor everything in real time using computers? Pretty soon 'the machine' will have no use for anyone anymore.
Can computers apply handbrakes? Can a computer follow the special instructions in each timetable? Can a computer cut in/cut out air? Can a computer count cars to a joint? Can a computer report a broken rail/busted joint bar? Can a computer know to slow down for a broken frog? Can a computer take a clearance and clarify it with engineering crews and RTC? Can a computer change out a broken knuckle? Can a computer follow inspections rules for passing trains and for trains sitting in a siding?
Never mind the fact that class 1 railways are REQUIRED by Transport Canada to have both a hogger and a conductor, it is physically impossible for computer to run freight trains. Dude, I'd like to take you over to Walker Yard and show you what the job actually involves.
Running Trades is a physical labour job.
Everything except the actual repair work can be automated. We're starting the transition to driverless vehicles now. Progress stops for no one. Humans will soon be obsolete.
Quote from: "Herman"
Quote from: "Shen Li"
Quote from: "easter bunny"
Why should they keep hiring people to sit on trains doing nothing when they can just use cameras and monitor everything in real time using computers? Pretty soon 'the machine' will have no use for anyone anymore.
Can computers apply handbrakes? Can a computer follow the special instructions in each timetable? Can a computer cut in/cut out air? Can a computer count cars to a joint? Can a computer report a broken rail/busted joint bar? Can a computer know to slow down for a broken frog? Can a computer take a clearance and clarify it with engineering crews and RTC? Can a computer change out a broken knuckle? Can a computer follow inspections rules for passing trains and for trains sitting in a siding?
Never mind the fact that class 1 railways are REQUIRED by Transport Canada to have both a hogger and a conductor, it is physically impossible for computer to run freight trains. Dude, I'd like to take you over to Walker Yard and show you what the job actually involves.
Running Trades is a physical labour job.
What the hell girl? How do you all this stuff? Are you 150 years old and one of the original Chinese who built the CPR?
My Daddy was a civil engineer for the railway in China. He was a Division Engineer with CN on the Edson sub. I grew up around the railroad. It's in my blood. My parents wanted me to be a civil engineer at first before they decided petroleum engineer would be better.
I was just getting warmed up to. Can a computer look at a target and determine if it's lined fr normal or reverse? Can a computer tell if there is a gap between switch points
Quote from: "easter bunny"
Quote from: "Shen Li"
Quote from: "easter bunny"
Why should they keep hiring people to sit on trains doing nothing when they can just use cameras and monitor everything in real time using computers? Pretty soon 'the machine' will have no use for anyone anymore.
Can computers apply handbrakes? Can a computer follow the special instructions in each timetable? Can a computer cut in/cut out air? Can a computer count cars to a joint? Can a computer report a broken rail/busted joint bar? Can a computer know to slow down for a broken frog? Can a computer take a clearance and clarify it with engineering crews and RTC? Can a computer change out a broken knuckle? Can a computer follow inspections rules for passing trains and for trains sitting in a siding?
Never mind the fact that class 1 railways are REQUIRED by Transport Canada to have both a hogger and a conductor, it is physically impossible for computer to run freight trains. Dude, I'd like to take you over to Walker Yard and show you what the job actually involves.
Running Trades is a physical labour job.
Everything except the actual repair work can be automated. We're starting the transition to driverless vehicles now. Progress stops for no one. Humans will soon be obsolete.
You are comparing a car to a freight train? Moving trains is but a small part of the running trades job or did you just ignore every single thing I explained about the job?
Look there's no point in talking if you are not going to listen right? I'm not pulling this out of my ass, I'm telling you what the job is and it is not two people driving and blowing horns and whistles at crossings at grade.
Now, do you want to learn about running trades/engineering services/mechanical or do you want to make ridiculous analogies to driverless cars?
Quote from: "easter bunny"
Quote from: "Shen Li"
Quote from: "easter bunny"
Why should they keep hiring people to sit on trains doing nothing when they can just use cameras and monitor everything in real time using computers? Pretty soon 'the machine' will have no use for anyone anymore.
Can computers apply handbrakes? Can a computer follow the special instructions in each timetable? Can a computer cut in/cut out air? Can a computer count cars to a joint? Can a computer report a broken rail/busted joint bar? Can a computer know to slow down for a broken frog? Can a computer take a clearance and clarify it with engineering crews and RTC? Can a computer change out a broken knuckle? Can a computer follow inspections rules for passing trains and for trains sitting in a siding?
Never mind the fact that class 1 railways are REQUIRED by Transport Canada to have both a hogger and a conductor, it is physically impossible for computer to run freight trains. Dude, I'd like to take you over to Walker Yard and show you what the job actually involves.
Running Trades is a physical labour job.
Everything except the actual repair work can be automated. We're starting the transition to driverless vehicles now. Progress stops for no one. Humans will soon be obsolete.
It looks like you are confusing passenger trains with freight trains.
I'm just looking at it from the perspective of a computer geek who can automate that process. ac_unsure
Quote from: "Herman"
Quote from: "easter bunny"
Quote from: "Shen Li"
Quote from: "easter bunny"
Why should they keep hiring people to sit on trains doing nothing when they can just use cameras and monitor everything in real time using computers? Pretty soon 'the machine' will have no use for anyone anymore.
Can computers apply handbrakes? Can a computer follow the special instructions in each timetable? Can a computer cut in/cut out air? Can a computer count cars to a joint? Can a computer report a broken rail/busted joint bar? Can a computer know to slow down for a broken frog? Can a computer take a clearance and clarify it with engineering crews and RTC? Can a computer change out a broken knuckle? Can a computer follow inspections rules for passing trains and for trains sitting in a siding?
Never mind the fact that class 1 railways are REQUIRED by Transport Canada to have both a hogger and a conductor, it is physically impossible for computer to run freight trains. Dude, I'd like to take you over to Walker Yard and show you what the job actually involves.
Running Trades is a physical labour job.
Everything except the actual repair work can be automated. We're starting the transition to driverless vehicles now. Progress stops for no one. Humans will soon be obsolete.
It looks like you are confusing passenger trains with freight trains.
He's comparing Nissan Versa's to GE ES44AC road engines. They do not perform the same tasks.
Quote from: "easter bunny"
I'm just looking at it from the perspective of a computer geek who can automate that process. ac_unsure
Like Herm said, you could automate passenger/commuter trains, but rest assured there will always be well paid switchmen complaining about "conductor's knees" from entraining and detraining from those rungs.They make good money, but it's a hard job. However, running trades(or the royal family as they are called) is just one job of many that keeps a class 1 railway going.
CP stock was up about $16 after yesterday's announcement. ac_umm
Quote from: "seoulbro"
CP stock was up about $16 after yesterday's announcement. ac_umm
Not one net job is being eliminated either. Any power that is not pulling cars, those running trades guys will be offered jobs in other departments until volumes pick up again. They go run a TR10 on a tie gang for a season and they are back spotting cars. You were right, it was a bullshit announcement to boost slumping stock prices.
Quote from: "Shen Li"
Quote from: "seoulbro"
CP stock was up about $16 after yesterday's announcement. ac_umm
Not one net job is being eliminated either. Any power that is not pulling cars, those running trades guys will be offered jobs in other departments until volumes pick up again. They go run a TR10 on a tie gang for a season and they are back spotting cars. You were right, it was a bullshit announcement to boost slumping stock prices.
This is a relief.
I live near Keith Yard and I don't mind being held up at crossings by trains as long as nobody loses their jobs.
Quote from: "Fashionista"
Quote from: "Shen Li"
Quote from: "seoulbro"
CP stock was up about $16 after yesterday's announcement. ac_umm
Not one net job is being eliminated either. Any power that is not pulling cars, those running trades guys will be offered jobs in other departments until volumes pick up again. They go run a TR10 on a tie gang for a season and they are back spotting cars. You were right, it was a bullshit announcement to boost slumping stock prices.
This is a relief.
I live near Keith Yard and I don't mind being held up at crossings by trains as long as nobody loses their jobs.
This is an announcement Hunter Harrison wanted the media to run with and they took the bait.
CP is hiring conductors and from this ad it looks like they hope to poach some from CN.
https://career4.successfactors.com/career?career_ns=job_listing&company=CPR&navBarLevel=JOB_SEARCH&rcm_site_locale=en_US&career_job_req_id=46624&selected_lang=en_US&jobAlertController_jobAlertId=&jobAlertController_jobAlertName=&_s.crb=FFcSt8bbMhfeAnjBOgVSSkCT28w%3d
Maybe 100 new unionized positions available at CP. Not bad for a company that claims they are cutting 1000 positions. :001_rolleyes:
https://career4.successfactors.com/career?company=CPR&career_ns=job_listing_summary&navBarLevel=JOB_SEARCH&_s.crb=7A687bq5ppDC2l%2bgjCIhJg6x3V4%3d
Holy Angelina Jolie! CP rail mistreated the Chinese people that built the railroad and Canada must atone for it's racist past and it's racisthead tax too.
Quote from: "Rambo Wong"
Holy Angelina Jolie! CP rail mistreated the Chinese people that built the railroad and Canada must atone for it's racist past and it's racisthead tax too.
Is Angelina Jolie your fantasy girl?
Their share price has settled in around the low to mid $170's CDN price range since making this announcement. They still want to buy Norfolk Southern, but it's looking less likely all the time.
Quote from: "seoulbro"
Their share price has settled in around the low to mid $170's CDN price range since making this announcement. They still want to buy Norfolk Southern, but it's looking less likely all the time.
There seems to be fewer CP trains blocking traffic near my house.
There were no layoffs. The company got rid of some scab contractors like Cando switching services.
Quote from: "iron horse jockey"
There were no layoffs. The company got rid of some scab contractors like Cando switching services.
Job security for CP employees.
Quote from: "seoulbro"
Quote from: "iron horse jockey"
There were no layoffs. The company got rid of some scab contractors like Cando switching services.
Job security for CP employees.
A CN contractor had a runaway dangerous goods car hooked to remote near Regina.
Quote from: "iron horse jockey"
Quote from: "seoulbro"
Quote from: "iron horse jockey"
There were no layoffs. The company got rid of some scab contractors like Cando switching services.
Job security for CP employees.
A CN contractor had a runaway dangerous goods car hooked to remote near Regina.
I saw that on the news. They had Hazmat teams on standby.
Quote from: "Herman"
Quote from: "iron horse jockey"
Quote from: "seoulbro"
Quote from: "iron horse jockey"
There were no layoffs. The company got rid of some scab contractors like Cando switching services.
Job security for CP employees.
A CN contractor had a runaway dangerous goods car hooked to remote near Regina.
I saw that on the news. They had Hazmat teams on standby.
Heads rolled at Cando.
Quote from: "iron horse jockey"
Quote from: "Herman"
Quote from: "iron horse jockey"
Quote from: "seoulbro"
Quote from: "iron horse jockey"
There were no layoffs. The company got rid of some scab contractors like Cando switching services.
Job security for CP employees.
A CN contractor had a runaway dangerous goods car hooked to remote near Regina.
I saw that on the news. They had Hazmat teams on standby.
Heads rolled at Cando.
good
They are hiring conductor trainees in Revelstoke and Port Coquitlam. Also supervisor jobs for running trades in Northern Ontario. A section Assistant Roadmaster gig in Medicine Hat too.
https://career4.successfactors.com/career?company=CPR&career_ns=job_listing_summary&navBarLevel=JOB_SEARCH&_s.crb=tSZuczcQo8SqE425ldV%2fpQYC%2bUk%3d
I recently read that CP Rail is laying off 1,500 workers. This Brexit vote is a disaster. As Obama said xenophobia led to the YES vote winning. Britain will now have to wait at the back of the line now in trade negotiations and well they should.
Quote from: "Lance Leftardashian"
I recently read that CP Rail is laying off 1,500 workers. This Brexit vote is a disaster. As Obama said xenophobia led to the YES vote winning. Britain will now have to wait at the back of the line now in trade negotiations and well they should.
Demand for commodities like potash, coal, crude oil, grains and lumber is down. These layoffs have nothing to do with a vote in the UK.