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CSX to Cut Over 1,000 Jobs

NEW YORK, NY / ACCESSWIRE / February 28, 2017 / Warnact.com reports that on Tuesday, February 21, employees of railroad giant, CSX ,learned that the company will eliminate about 1,000 of the 2,500 management positions in its Jacksonville branch. A spokesperson for CSX, Gary Sease, referred to these layoffs as an “involuntary separation program.”

CSX did state in an email, however, that all employees who are to be laid off will receive enhanced severance pay and pension benefits, along with outplacement services. CSX, one of Jacksonville’s largest companies, employs nearly 36,000 people in the eastern U.S. in its railway, real estate, and technology operations.

This unfortunate announcement comes on the same day that CSX announced the retirement of its chief executive and chairman, Michael Ward, and President, Clarence Gooden, effective at the end of May.

According to the law firm of Levi & Korsinsky LLP, an employee advocacy firm, mass layoffs may result in employment violations. For example, the WARN Act, a federal labor law, protects employees of businesses with 100 or more employees. If an employer conducts a plant closing or mass layoff affecting 50 or more employees who constitute at least 33% of the employees at that site, or more than 500 employees at the site, the employer must provide 60 days’ advance notice. Employees are therefore entitled to full pay and benefits during such period prior to layoff and may also be entitled to various other protections under the law.

The advance notice is intended to give employees and their families transition time to adjust to the prospective loss of employment, to seek and to obtain other employment, and, if necessary, to enter skill training or retraining programs that will allow these workers to successfully compete in the job market. Oftentimes, employees don’t receive the benefits they are due, or are otherwise harmed during the layoff process and may have recourse under the law.

For more information about the WARN Act and other employee rights, contact:

Levi & Korsinsky LLP

SOURCE: Levi & Korsinsky LLP

ReleaseID: 456236

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