After losing $90 million in monthly revenue in April alone, the TTC has decided to temporarily lay off 1,200 employees.
TTC CEO Rick Leary said it wasn't an easy decision and it came only after reviewing all other possibilities.
“We will take care of the impacted employees as best we can during this difficult time and I look forward to everyone returning to the TTC once ridership has returned to pre-COVID-19 levels,” TTC CEO Rick Leary said.
TTC’s ridership has fallen by 85 percent from late March till date because of the coronavirus.
The TTC will be halting all salary increases for non-unionized employees, reducing overtime, and pausing all seasonal hires. They’ll also be delaying all non-essential capital projects.
Transit operations will still be running at a 70 to 80 percent capacity rate.
Written by: Aldrin Gomes
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