U.S.: In need of $1 billion, Amtrak cuts management pay as it faces ‘unprecedented’ ridership loss

By Patricia Madej, The Philadelphia Inquirer; March 21, 2020

In need of about $1 billion in supplemental funding to battle an “unprecedented” drop in ridership, Amtrak has now taken “aggressive” steps to cut the pay of top staff and other measures, the company confirmed Saturday.

Daily ridership is down 90% systemwide while future bookings are down 85% year-over-year, according to Amtrak.

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