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Newswire: Amtrak offering employee buyouts
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<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">I agree with Nittany Lion, in that some companies want to replace older workers with younger ones.<span style="mso-spacerun: yes;"> </span>However, I see nothing in the media report in the first post of this thread that indicates that the Amtrak buyouts are being done for that reason.<span style="mso-spacerun: yes;"> </span></span></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">As I understand it, Amtrak anticipates budget cuts, and wants to reduce costs in anticipation of those cuts.<span style="mso-spacerun: yes;"> </span>So to reduce costs now, they intend to lay off employees.<span style="mso-spacerun: yes;"> </span>And to soften the blow of those layoffs, Amtrak will offer buyouts.<span style="mso-spacerun: yes;"> </span></span></span></span></p> <p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p><span style="font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">It has nothing to do with replacing old heads with new blood, under the assumption that old heads are set in their ways and can’t adapt to changes.<span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span></span></span></span></p>
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