New York MTA Warns of 40% Subway Cut, Shedding 9,300 Jobs
Commuters exit and board a bus in New York, U.S. (Photographer: Gabriela Bhaskar/Bloomberg)

New York MTA Warns of 40% Subway Cut, Shedding 9,300 Jobs

(Bloomberg) -- For New York and its suburbs, the blow seems unthinkable: 40% to 50% service reductions for the city’s subways, buses and surrounding commuter train lines.
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