The new CSX headquarters signs are digital boards featuring technology that allows them to change colors and display moving images. | Ric Anderson, Jacksonville Daily Record
Published on July 11, 2025 at 10:38 am
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CSX laid off about 125 managers Thursday in companywide realignment, a spokesperson said.
The Jacksonville-based company employs around 23,000 people, and a spokesperson said the changes to its management structure reached “various functions of the organization.”
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CSX said former employees will be supported with competitive severance and employment transition services. CSX issued a statement to News4Jax saying:
“We can confirm that CSX has implemented changes to its management structure as part of the company’s ongoing efforts to continually improve business performance and ensure the company’s long-term success. Approximately 125 management employees were impacted by this difficult decision. These employees will be provided with robust support during this transition, including competitive severance and employment transition services. The decision reflects the company’s commitment to aligning resources with business needs and will help ensure that CSX continues to deliver for all of our stakeholders.”
CSX stock recorded a minimal gain (1%) in the first half of 2025, according to a report from the Jacksonville Daily Record, a Jacksonville Today news partner.
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Jacksonville’s other big freight transportation company, Landstar System Inc., dropped 19%.
Baird analyst Daniel Moore, who rates both companies at “outperform,” thinks President Donald Trump’s tax and spending cut bill could help transportation and logistics companies.
Moore thinks the bill could trigger bigger stimulus in the first year than some estimates are suggesting. The reasons include investment incentives that could encourage near-term capital spending and some business benefits that phase out after 2028.
This story was produced by News4Jax, a Jacksonville Today news partner.
