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Tuesday, dec 17
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Tuesday, dec 17
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AlixPartners
News
Plan Calls For Cutting Thousands Of MTA Jobs In First Significant Layoff Since 2010
A new reorganization plan from the MTA may lead to the loss of as many as 2,700 jobs. Consulting group AlixPartners released a new report stating that the new reorganization plan may leave thousands out of work, while saving the MTA upwards of $350 to $500 million annually. It would be the MTA's first significant round of layoffs since 2010. Under the plan, as many as 1,900 to 2,700 jobs may be eliminated, including some through mass layoffs - though officials note the process could take at least two years to implement. The proposal represents approximately a 4 percent decrease in the …