Jacksonville employees affected by CSX layoffs
3 Articles
3 Articles
CSX cuts 125 management jobs
CSX headquarters in Jacksonville, Fla. CSX JACKSONVILLE, Fla. — CSX eliminated 125 management positions on Thursday (July 10) in a cost-cutting move that comes less than two weeks before the railroad is scheduled to release its second quarter financial results. The layoffs thinned management ranks by nearly 5%, based on monthly employment data the railroad reports to the Surface Transportation Board. “CSX has implemented changes to its managemen…
CSX lays off 125 managers in corporate restructuring
CSX laid off about 125 managers Thursday in companywide realignment, a spokesperson said. The Jacksonville-based company employs around 23,000 people, and a spokesperson said the changes to its management structure reached “various functions of the organization.” CSX said former employees will be supported with competitive severance and employment transition services. CSX issued a statement to News4Jax saying: “We can confirm that CSX has implem…
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