White House Proposes Cutting Over 9,400 TSA Jobs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: seekingalpha
- Job Reduction Proposal: The White House has proposed cutting over 9,400 jobs at the Transportation Security Administration (TSA), with an additional 4,800 cuts expected through efficiency measures, reducing the workforce from approximately 60,000 to about 46,000 and saving over $500 million.
- Budget Impact: This proposal aims to cut the TSA's $7.8 billion budget by about 20%, which could lead to decreased airport security efficiency and negatively affect passenger travel experiences, especially as Congress reviews the new budget agreement.
- Push for Privatization: Some Republican lawmakers continue to advocate for full privatization of the TSA, with the White House suggesting that smaller airports adopt private security screening, a move that may further undermine public safety and has drawn strong opposition from unions.
- Historical Context: The TSA has already lost over 1,600 employees due to funding disruptions in the past year, and President Trump has been a vocal critic of the agency since taking office, citing its poor audit performance and intrusive screening measures that violate Americans' privacy and dignity.
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Analyst Views on DAL
Wall Street analysts forecast DAL stock price to rise
18 Analyst Rating
18 Buy
0 Hold
0 Sell
Strong Buy
Current: 65.620
Low
77.00
Averages
83.50
High
90.00
Current: 65.620
Low
77.00
Averages
83.50
High
90.00
About DAL
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company has hubs and markets in Amsterdam, Atlanta, Bogota, Boston, Detroit, Lima, London-Heathrow, Los Angeles, Mexico City, Minneapolis-St. Paul, New York-JFK and LaGuardia, Paris-Charles de Gaulle, Salt Lake City, Santiago (Chile), Sao Paulo, Seattle, Seoul-Incheon, and Tokyo. Its segments include Airline and Refinery. Its airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the United States and around the world and includes its loyalty program, as well as other ancillary businesses. Its refinery segment operates for the benefit of the airline segment by providing jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third parties. The refinery's production consists of jet fuel as well as non-jet fuel products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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