CTA Announces Job Cuts For 2011
By Marcus Gilmer in News on Sep 15, 2010 7:30PM
As the CTA prepares its 2011 budget, it's already making cuts for next year. CTA President Richard Rodriguez announced today that more than 70 jobs, mainly management and office positions, will be cut for next year in an effort to save money. The CTA is hoping to save $53 million and, according to Jon Hilkevitch, "About $36 million of the total will come from personnel efficiencies, including spending cuts, limiting overtime pay, delaying hiring and freezing wages for non-union officials." Rodriguez also said that he's hoping that fare hikes and services cuts won't be necessary but nothing is solid yet as the budget preparation continues and more cuts are possible: "The economy remains sluggish and isn't rebounding as quickly or robustly as had been predicted."