Holland | Doomsday Friday Layoffs
- Thread starter Rodeo
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Maybe time to Downsize the management & supervisors & office ,as with lower bill count no need for for so many upper & middle & lower management on the payroll , save 15% more by laying off higher salary employees ...........................
Nolimitlife03
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30 Line-haul got laid off last night "friday" across the board! More to come! What I was told from Central
Well then they should have laid off 30 management people too then , as nothing for them to do with less driver's & freight !
Unfortunately lower level management is not paid enough, if they where paid enough we would not have some of the less than stellar decisions made on a daily basis that seriously effect the bottom line.
I believe in less management and better paid is far better than underpaid and way too many levels of management.
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Positive Cost savings , no need for extra corporate people while laying off driver's and less freight and equal sacrifice .
Barnstormer69
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Yes, it's true but the number was around 75 for all the regionals. He writing is on the way!
Too be completely honest, you guy's will be going through what Yellow, Roadway did in 2009. It's all about showing a profit to the investors. The debt is hovering around 900 million. Close to the original debt of 1 billion in 09. You will see plenty of people getting walked out the next 30 days. The difference is you had a Wall street guy in 2009 , vs Trucking guys now that don't get Wall street. You had two companies that one time was 3.5 $ billion carriers, by themselves. Now you will have three carriers struggling to be that. Business is going South, due to erroneous charges, for no freight pickups and reweighs. Oh lets not forget the Fuel surcharges
ED FORCE ONE
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Why they running add today drivers wanted Wheeling illinois ?
Holland was part of yrcw in 09.
Zollars was no Wall Street guy.
In their pre buyout days, yellow and roadway each did app. 3-5 million $ a day, app 2-2.5 billion a year.
Debt was around 2 billion in 09.
Every carriers has missed pickups and reweighs.
All LTL carriers, and truckload have been using the federal fuel surcharge for years.
Zollars was no Wall Street guy.
In their pre buyout days, yellow and roadway each did app. 3-5 million $ a day, app 2-2.5 billion a year.
Debt was around 2 billion in 09.
Every carriers has missed pickups and reweighs.
All LTL carriers, and truckload have been using the federal fuel surcharge for years.
Sorry there Wayne. Forgot to reply directly to you. Maybe read my post above so as to see more factual information.
Worked for a couple of companies that was hiring a week before they closed guys never got their first check
It's true,they were told it is a temporary layoff.
Ridgerunner33
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I don't think so ........most likely going to move work to kc like they did with new Penn s Corp office.That way they can sell the building . They get to keep most of the money when they sell the propertys to reinvest in the company.Seems to be their plan......