CTA in a job-train wreck: Shedding of public and quasi-public sector continues

CTA to cut more than 200 jobs to save $22 million - Yahoo! Finance: "The CTA said the cuts will include layoffs and eliminating vacant positions. Many of the job cuts include senior-level positions, like vice presidents and directors. The cuts will save the CTA about $22 million a year. Last week CTA president Forrest Claypool said the agency faces a $277 million budget shortfall for 2012. Claypool said Monday the agency has "to find ways to do more with less."

CTA officials said they've pared management and the agency has the fewest employeees in its history. The CTA has 25 percent fewer employees than it did a decade ago."

'via Blog this'