The Alaska Railroad has laid off 127 employees. Railroad President Pat Gamble says this does not, by itself, solve the railroad’s financial problems. Officials had earlier estimated a 20 percent cut in its workforce. It has about 700 year-round employees and hires another 100 on a seasonal basis. The railroad is dealing with declining revenues because of a drop in tourism and reduced production at the Flint Hills petroleum refinery. More than a third of the railroad’s revenue comes from transporting products from the North Pole refinery.
The Associated Press
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