Chicago Transit Authority cuts 54 jobs
Posted: June 30th, 2011 | Author: Saddam Hussain | Filed under: By Location, USA | Tags: Chicago, Chicago Transit Authority | No Comments »Chicago’s transit agency has cut 54 jobs as part of an effort to save $15 million a year.
The Chicago Transit Authority said that it has cut 26 managers and 28 other non-unions jobs.
The move was made after Chicago Mayor Rahm Emanuel ordered cost-cutting. The CTA says the cuts amount to a 10 percent reduction in senior management.
The job cuts should amount to about $7.6 million in savings. The CTA says the jobs cuts combined with reducing expenses will total about $15 million in savings.
The agency also hopes to save money by delaying hiring for certain jobs.
From: Newstimes
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