1,000 jobs to be axed in CSX management reshuffle

24/02/2017

US freight railroad CSX has confirmed it is to shed around 1,000 managerial staff ,as negotiations surrounding the appointment of Hunter Harrison as chief executive continue.

A spokesperson for the US rail carrier also told The Loadstar chief sales and marketing officer Frederik Eliasson would replace Clarence Gooden as president. Gooden is set to retire in May alongside current chairman and chief executive Michael Ward.

The spokesperson said the “involuntary separation”, which would mostly affect staff at its HQ in Jacksonville, would be completed by ...