How can a company like CSX report record earnings in all 4 quarters last year but ...?

Question

then, in January furlough 23 people in Tampa alone, who knows what they did everywhere else. I wasn't one of the unfortunate ones b/c I have a little more senority than them, but these were young guys who just finished paying for conductor school (about $7,000 with all the expenses) and then had to go through 17weeks of training. When I say record earning, we're talking about billions -- Its bs, you got guys who left another job to come and basically get ****** by these sorry ***, money hungry executives who make decisions based on numbers and don't even consider all the men and families they are putting in jeporady... CSX and the other railroads may have pretty good pay and decent benefits but the games they play are ****** up-- its not like their loosing money or filing for bakruptcy or something --- sorry not really a question, but I needed to vent --- chime in and let me know what you think

Answer 1

It is how business is run. They set how much profit they want to make, to fatten their wallets, and do whatever it takes to get there. Employees be damned.

All large corp. are the same. The ones doing the cutting back don't actually know the ones they are furloughing so it is not personal to them.