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    A Union Pacific locomotive pulls railcars

    While Blocking Paid Sick Leave, Union Pacific Spent More on Stock Buybacks Than Workers

    "Instead of buying back their own stock, UP should be investing in their employees by offering paid sick leave, reasonable schedules, and a better quality of life for railroaders," said one union president.

    Jake Johnson
    Jan 25, 2023

    Union Pacific, one of the largest rail corporations in the United States, said Tuesday that it brought in record revenue and profits last year as it successfully fought off workers' push for paid sick leave.

    The company reported $7 billion in net income for 2022 as a whole and said it spent a whopping $6.3 billion repurchasing its own shares—significantly more than the $4.6 billion it spent on employee pay and benefits last year.

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