Metro Faces Budget Crisis: Layoffs, Service Cuts, and Funding Shortfall

Metro is facing a projected $750 million budget gap, and the transit agency is warning of potential layoffs, a hiring freeze, and devastating service cuts if the gap is not closed. The combination of the coronavirus pandemic, record inflation, and a decline in ridership has severely impacted Metro's finances. The agency may have to issue notices to employees about potential layoffs and staff reductions, and tough choices will have to be made unless there is an increase in funding from local jurisdictions. Metro leaders are urging for a long-term, sustainable funding solution to avert a fiscal crisis.