Off the Rails: Amtrak Slashes 20% of Management in $100 Million Savings
10th May 2025
Amtrak is cutting roughly 20% of its senior management positions, aiming to reduce expenses amid uncertainty over President Donald Trump’s infrastructure investment plans, sources familiar with the matter told Bloomberg.
The federally-owned passenger railroad – which operates as a for-profit entity, is targeting $100 million in annual cost reductions through these cuts, a source disclosed anonymously, sharing details not publicly announced.
In an official statement, Amtrak confirmed the elimination of roughly 450 management roles, reiterating the goal of achieving $100 million in yearly savings. The company emphasized these layoffs only impact corporate-level positions and assured that operational railroad jobs would remain unaffected. As of 2024, Amtrak employs approximately 22,700 people. (what!?)