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[CNJRoss]

Progressive Railroading, 2/22:
 

CSX to cut 1,000 management jobs

 

 

 

CSX Corp. yesterday announced it will eliminate about 1,000 management employees "through an involuntary separation program" that will be completed by mid- to late March.

 

Enhanced separation benefits will be offered to those losing their jobs. A majority of the affected employees work in Jacksonville, Fla., across multiple locations and subsidiaries. However, some work in CSX's field organization will be affected, said company spokesman Gary Sease in an email.

"Upon further study and evaluation, we will know both the Jacksonville and field management employee impact," Sease said.

 

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Related topic:  CSX shareholder meeting 3/16 re: Mantle Ridge, Harrison proposals

[CNJRoss]

Financial News & Daily Record,  Jacksonville, FL 3/8:
 

CSX says it concluded layoffs; 500 Jacksonville jobs cut

 

 

CSX concluded its involuntary separation program on Monday.

 

Spokesman Gary Sease said Wednesday about 800 management positions were eliminated, including about 500 in Jacksonville across multiple locations and subsidiaries.

 

He said about half of the 500 employees in Jacksonville were eligible for retirement and elected to take the enhanced severance package provided under the program.

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[CNJRoss]

The St. Augustine (FL) Record, 4/26:
 

More layoffs at Jacksonville-based CSX brings total dismissals to 1,000, as originally projected

 

 

Jacksonville-based CSX Corp. finalized the company’s layoffs Tuesday with the termination of 200 workers, bringing the complete tally of layoffs to 1,000, which the company originally projected in February.

 

The workers were given notice Tuesday at the Jacksonville headquarter operations and other field locations of the company. It brings an end to an awkward layoff process over the past two turbulent months for the railway giant.

 

“CSX has now separated 1,000 individuals, which completes the downsizing program announced on February 21 that was substantially completed in early March. No further actions under that program are anticipated and we thank those employees for their important contributions,” said CSX spokesman Rob Doolittle in an email statement sent to the Times-Union on Tuesday afternoon.

 

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