Blog

Home/News/Amtrak needs $1.5 billion bailout, prepares to cut up to 20% of workforce

Amtrak needs $1.5 billion bailout, prepares to cut up to 20% of workforce

U.S. passenger railroad service Amtrak said on Tuesday it needs a further $1.475 billion bailout and disclosed plans to cut its workforce by up to 20% in the coming budget year.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300