Last of 'downsized' employees leave CSX
Jacksonville-based company laid off 1,000 managment workers
JACKSONVILLE, Fla. – The last of 1,000 management employees being let go by Jacksonville-based CSX left the company Tuesday.
CSX announced in February that a thousand management employees would be let go as the corporation downsized. Most of them were let go in March.
The company released a statement saying this was the end of the planned layoffs.
The small number of employee reductions this week completes the Involuntary Separation Program announced in February with a goal of abolishing 1,000 management jobs. CSX continues to streamline all business functions to meet current and anticipated needs. Individuals whose jobs are abolished as a result will receive severance benefits and outplacement services."
Based on information on the company's website, about 1,500 CSX management workers should be left in Jacksonville.
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