MTA Issues Hiring Freeze
Thursday, April 23, 2009
New York, NY –
The MTA has issued an across-the-board hiring freeze for all its agencies, telling the presidents of New York City Transit, Metro-North, and Long Island Railroad that it can't assume Albany lawmakers will come to the rescue with a bailout plan.
In a memo to agency presidents, MTA CEO Lee Sander told them they need to scrutinize even routine purchases of office supplies, and ask themselves if they are essential. The MTA will release its latest budget forecast on Monday.
It's got a $1.2 billion budget gap, but declining tax revenues could push that gap even wider, to $2 billion by the end of the year. While fare increases are slated for May 31st, and service cuts in the summer, the MTA may have to add another fare increase, and more service cuts, if its deficit gets significantly worse.
Leave a Comment
Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.