Class I’s continue to cut jobs despite profits
The Omaha-World Herald reports that Class I railroads continue to cut jobs, despite earning large profits. Altogether, the railroads have cut 25,000 jobs or 13 percent of their personnel in recent years.
With companies cutting jobs left and right, and with freight volumes on an uprise (about 4 percent from a year ago), it poses the question as to whether safety is even on the radar of the railroads and how much can this bare-bones workforce handle?
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