US railroad Amtrak cutting 450 positions, $100 million in annual costs
Travelers line up to board Amtrak trains inside the Daniel Patrick Moynihan Train Hall at Pennsylvania Station ahead of the Thanksgiving holiday in Manhattan in New York City, New York, U.S., November 21, 2023. REUTERS/Mike Segar/File Photo Purchase Licensing Rights , opens new tab
May 7 (Reuters) - U.S. passenger railroad Amtrak said on Wednesday it is eliminating 450 positions as it aims to cut annual costs by $100 million as future support from Congress remains uncertain.
Amtrak said through a reduction-in-force process, and cutting of open positions, Amtrak has eliminated approximately 450 roles that combined with other recent cost cuts "will help Amtrak save $100 million annually."
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Reporting by David Shepardson; Editing by Chris Reese
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