The Toronto Transit Commission (TTC) announced Thursday it will be laying off almost 1,200 employees in an attempt to cost-save amidst the coronavirus pandemic.
TTC CEO Rick Leary said in a statement that the decision was not an easy one to make. “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,” he said.
The TTC said it has seen an 85 per cent drop in ridership and a loss of $90 million in monthly revenue since the pandemic began.
A letter sent to employees on behalf of Leary said the transit commission will work with the union, as well as with non-union staff, to “minimize” the impact of the layoffs