In an attempt to curb mounting deficits, the MTA has plans to cut more than 1,000 jobs, including about 600 administrative staffers and close to 450 subway station agents. In an earlier version of the plan, these employees would have been allowed to retire, the Times reports. The layoffs, which are expected to be announced Tuesday, will save the MTA close to $50 million.
While there has been no official statement yet from the MTA, chairman Jay Walder spoke last month about the possibility of layoffs.
“The current economic climate demands that we…transform the way the MTA operates,” he said. “I know it will be painful…there will be layoffs.”
The MTA currently employs about 70,000 people.