JULY 14, 2025 — 125 STAFF EMPLOYEES
Jacksonville, Florida-based CSX, a major North American transportation and logistics company, has announced a reduction in force.
The personnel realignment impacted 125 managers.
According to the company, "We can confirm that CSX has implemented changes to its management structure as part of the company’s ongoing efforts to continually improve business performance and ensure the company’s long-term success. Approximately 125 management employees were impacted by this difficult decision. These employees will be provided with robust support during this transition, including competitive severance and employment transition services. The decision reflects the company’s commitment to aligning resources with business needs and will help ensure that CSX continues to deliver for all of our stakeholders."
SEPTEMBER 19, 2017 — Original Post
Driven by hedge-fund activism, former Canadian Pacific CEO Hunter Harrison has now moved to major rail transportation provider CSX and is prepared to undertake a modernization and turnaround plan based on the “precision scheduled railroading” model, which optimizes equipment, personnel, loads, and routing. Of course, the only fly in the ointment is unanticipated events such as equipment failures, derailments, or significant changes in both scheduled and unscheduled demand.
SLIDE 12 - CSX WORKFORCE REDUCTIONS
At the recent Cowen and Company investor conference, CSX Chief Financial Officer Frank Lonegro presented optimistic news about CSX’s recovery and growth prospects. Unfortunately, as noted by slide 12 in the presentation deck, the improvements came with a very heavy cost in employee layoffs. Lonegro explained, “The industry has made great progress, but we did not make meaningful progress when others did.” Last year (2016), CSX’s operating ratio was 69.4% with a target of mid-60s in 2017.
As per a previous post, NO LOVE AT UNION PACIFIC RAILROAD, UP was “prepared to spend approximately $90 million, including $15 million for severance pay plus pension benefits and other expenses, to reduce their operating ratio from last quarter’s 61.8 percent to a more desirable 55.5%.”
This shows how far CSX may have to go to play catch-up. Look for continuing reductions in force.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?