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Amtrak set to streamline management before 2002

Amtrak plans to cut its 2,900-person management staff through early retirement and other incentives in an attempt to improve the railway's finances, president George Warrington said Friday.

All management employees -- those not covered by union contracts -- are eligible for the offers. Warrington did not say how many managers would have to accept in order to meet staff reduction goals.

The incentive packages will be presented to employees next week as part of a corporate restructuring that could save the company as much as US$85 million in 2002.

Under orders from Congress to wean itself from federal operating subsidies, the national passenger railway will spend four to six months seeking ways "to eliminate overlapping operations, tighten cost controls and improve revenue opportunities," Warrington said in a statement.

Amtrak's four business units will be consolidated.
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