Stratrix
On the Record · CSX

CSX layoffs, on the record

Every job cut, severance charge and restructuring CSX reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from more than 23,000 to approximately 23,000.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 2023more than 23,000December 2023
10-K for 2024more than 23,500December 2024
10-K for 2025approximately 23,000December 2025

Job cuts, severance and restructuring

  1. Our summaryCSX amended and restated its Executive Severance Plan, filed as an exhibit to the 10-K. as of July 11, 2023

    Word for word“10.29** CSX Corporation Executive Severance Plan, amended and restated as of July 11, 2023 October 20, 2023, Exhibit 10.1, Form 10-Q” 10-K for 2023

  2. Our summaryCSX entered into an employment separation agreement and release with Jamie J. Boychuk, filed as an exhibit to the 10-K. effective as of August 30, 2023

    Word for word“10.33** Employment Separation Agreement and Release Form, effective as of August 30, 2023, between CSX and Jamie J. Boychuk October 20, 2023, Exhibit 10.5, Form 10-Q” 10-K for 2023

  3. Our summaryCSX amended and restated its Executive Severance Plan, filed as an exhibit to the 10-K; the filing reports no workforce reduction under it. July 11, 2023

    Word for word“CSX Corporation Executive Severance Plan, amended and restated as of July 11, 2023” 10-K for 2024

  4. Our summaryCSX entered an employment separation agreement and release with Jamie J. Boychuk; the filing lists it as an exhibit and reports no workforce reduction. August 30, 2023

    Word for word“Employment Separation Agreement and Release Form, effective as of August 30, 2023, between CSX and Jamie J. Boychuk” 10-K for 2024

  5. Our summaryCSX recorded higher purchased services and other expenses that included advisory expenses and technology contract restructuring costs. Cost: $21 million

    Word for word“An increase of $21 million was due to advisory expenses and technology contract restructuring costs.” 10-K for 2025
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedRestructuring chargesCash paid for restructuring
2016-12-30$0$0
2017-12-31$240 million$187 million
2018-12-31$0$15 million
2019-12-31$0$0
2020-12-31—$0

CSX filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.

Read from CSX’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.