BNSF Furloughs Mechanics in Kansas, Nebraska
By Esther Fung
BNSF Railway said it has furloughed mechanical workers in Kansas and Nebraska as part of its operations to align people and resources with customer demand.
"This is a necessity for any network business to optimize the operation and run as efficiently as possible," a BNSF spokesman said.
The Shop Craft Unions at BNSF said more than 362 workers were furloughed this week and called on safety regulators to intervene, saying that this exacerbated concerns over safety and maintenance practices.
BNSF said it has workers in locations where there isn't sufficient work and insufficient workers where growth is occurring, and that needs to be adjusted so that the railroad has "the right people in the right place at the right time."
BNSF has offered location transfers and craft transfers to furloughed workers, and that it has hundreds of engineering positions open.
The railroad is owned by Berkshire Hathaway.
Write to Esther Fung at esther.fung@wsj.com
(END) Dow Jones Newswires
March 01, 2024 17:57 ET (22:57 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
When Will the Fed Start Cutting Interest Rates?
-
What’s the Difference Between the CPI and PCE Indexes?
-
Powell Unfazed By Sticky Inflation, but Rate Cuts Are Far Off
-
After Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?
-
Best- and Worst-Performing Stocks of April 2024
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Small-Cap and Value Stocks Are Undervalued
-
4 Utility Stocks to Play the AI Data Center Boom
-
Albemarle Earnings: We Expect Improved Results In the Rest of Year Following Cyclically Low Profits
-
Novo Nordisk Earnings: Raised Fair Value Estimate Still a Contrast to Market Overenthusiasm
-
After Earnings, Is Verizon Stock a Buy, a Sell, or Fairly Valued?
-
Look Inside Berkshire Hathaway’s Portfolio Before Its Annual Meeting
-
How to Invest Like Warren Buffett
-
Cognizant Earnings: Improved Profitability Buttresses Results as Customer Spending Remains Muted
-
10 Top-Performing Dividend Stocks of the Month