Amtrak announces plan to cut 450 jobs, despite recent record ridership
6 Articles
6 Articles
Amtrak cutting 450 jobs, but work on future West Baltimore tunnel continues
Amtrak has cut 450 jobs after a review of its costs and management structure, a spokesperson for the federally subsidized passenger rail company said, but its major Maryland construction projects are proceeding unimpeded — at least for now.
Amtrak announces plan to cut 450 jobs, despite recent record ridership
NORFOLK, Va. (WAVY) — Amtrak is cutting about 450 jobs in an apparent effort to slash $100 million from its budget. It comes just months after the CEO stepped down and after Elon Musk suggested Amtrak should be privatized. Norfolk Amtrak now charging for parking While cuts are going on across the company, Amtrak passengers in Norfolk are already contending with casino construction. What used to be a free parking lot for riders is fenced of…
Amtrak trims management workforce
Amtrak Acela trains meet on the Northeast Corridor at Elizabeth, N.J., in August 2019. David Lassen WASHINGTON – Amtrak said today that it has eliminated 450 management positions as it looks to cut costs and reach operational profitability by 2028. Amtrak President Roger Harris.Bob JohnstonThe cutback equals just over 10% of Amtrak’s management jobs, the railroad said in a memo to employees. “We took the difficult step of informing about 250 peo…
Amtrak to Cut 20% of Top-Level Employees Amid Trump Uncertainty
Amtrak is cutting roughly 20% of its top-level management staff in an effort to reduce costs amid uncertainty about President Donald Trump’s plans to invest in infrastructure, according to people familiar with the matter.
Amtrak Cuts 450 Management Positions
Amtrak has reduced the size of its management team by 10 percent, eliminating 450 positions to save approximately $100 million annually. The cuts come just weeks after the railroad stated it was looking to cut costs amid a push for reduced spending in Washington, D.C. “Amtrak has recently completed a review of its costs and management structure and identified opportunities to better align resources with the important work we are doing for Ameri…
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