Jacksonville, Florida, January 9, 2026
CSX Corp. has announced a reduction of 166 management positions as part of a cost-efficiency restructuring plan. This decision reflects the company’s commitment to improving operational efficiency amid evolving market conditions. The affected employees will receive severance packages and transition support. With about 56% of its management team located in Jacksonville, this layoff marks a significant shift under the new leadership of CEO Steve Angel, aiming to enhance agility and competitiveness within the railroad industry.
Jacksonville, Florida – CSX Corp., a prominent railroad company headquartered in Jacksonville, has recently made a significant strategic decision by eliminating 166 management positions, which accounts for about 5% of its management workforce. This cut is part of a broader evaluation of market conditions and a restructured company cost-efficiency plan. The affected employees will receive competitive severance packages and transitional services aimed at easing their employment shifts.
CSX Corp. manages an extensive railroad network across the eastern United States and currently employs around 23,000 individuals, including over 3,000 in management roles. Notably, the company’s management team is predominantly based in Jacksonville, with about 56% of its management residing in the city.
This latest round of layoffs follows a trend established under the new leadership of President and CEO Steve Angel, who took the helm in September 2025. Under Angel’s direction, CSX has pursued several restructuring efforts, including a prior reduction of 125 management positions in July 2025, indicating a focused intent to shape an adaptable and competitive workforce.
Current stock market information reflects CSX Corp.’s steady performance, with shares trading at $35.32, which denotes a minor increase of 0.25 USD or approximately 0.01% from the previous close. Investors may perceive this decision as an effort to enhance operational efficiency and support long-term corporate resilience.
As the company did not disclose which specific departments or geographical regions will bear the brunt of these job cuts, the ambiguity adds to the stress of those affected. However, CSX has affirmed its commitment to aid displaced employees, offering them support and resources aimed at facilitating their transition to new job opportunities. This initiative underscores a practice seen in resilient enterprises – prioritizing team member well-being even in difficult times.
In the context of Jacksonville’s economic landscape, CSX’s decision could foster an environment encouraging innovation and entrepreneurship. When large employers like CSX streamline operations, it creates opportunities for dynamic adaptation within the employment market, potentially leading to the emergence of new businesses and startups to fill gaps left by traditional industry giants. Jacksonville’s entrepreneurial spirit and community partnership initiatives could be further engaged in supporting the local economy.
Moreover, a leaner management structure could pave the way for reduced bureaucracy and enhanced decision-making processes within CSX, allowing it to respond more agilely to fluctuating market demands. Economically, efficiency-driven strategies such as this can contribute positively by reducing operational costs and potentially increasing profitability in the long run, benefiting both shareholders and employees who are able to maintain their positions.
As CSX navigates these transitions, it is essential for Jacksonville’s business community to show solidarity and support for affected employees while keeping an eye on innovative developments arising in response to this market shift.
### Conclusion
CSX Corp.’s restructuring signals a pivotal moment in Jacksonville’s business environment. As the company embarks on this journey of operational streamlining, the emphasis on employee support and efficiency could be a model for other local businesses aiming to thrive in an evolving economic landscape. Stakeholders are encouraged to remain engaged and proactive to nurture a local atmosphere that favors economic growth and community enhancement.
### FAQ
What recent changes has CSX Corp. made to its management workforce?
CSX Corp. has eliminated 166 management positions, representing approximately 5% of its management workforce.
How many employees does CSX Corp. have?
CSX Corp. employs about 23,000 people, including more than 3,000 management employees.
Where is most of CSX’s management team located?
Approximately 56% of the management team is based in Jacksonville.
What actions is CSX Corp. taking to support laid-off employees?
CSX Corp. is offering competitive severance packages and employment transition services to support the affected employees.
What is the current stock price of CSX Corp.?
CSX’s stock is currently trading at $35.32 per share.
| Key Feature | Details |
|---|---|
| Company | CSX Corp. |
| Headquarters | Jacksonville, Florida |
| Management Layoffs | 166 positions eliminated (5% of management workforce) |
| Total Employees | Approximately 23,000 |
| Management Team Location | 56% based in Jacksonville |
| Stock Price | $35.32 |
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