Location: Jacksonville, Florida.
Department affected: management.
Based on news reporting.
CSX Corporation, based in Jacksonville, has laid off 125 managers as part of a company-wide restructuring initiative. This decision reflects the company's ongoing efforts to streamline operations and improve efficiency. The layoffs are aimed at enhancing the overall performance of the organization amidst changing market conditions. The restructuring is expected to help CSX adapt to future challenges and better serve its customers. This move underscores the company's commitment to maintaining a competitive edge in the transportation industry.
CSX Corporation cut 125 jobs affecting its management team as of October 1, 2023.
That is roughly 0.5% of the 23,400 people CSX Corporation employs.
LayoffTalk has tracked 9 layoff events at CSX Corporation since October 2023, affecting a combined 1,383 employees.
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