New York’s Metropolitan Transportation Authority announced last week that it will begin cutting more than 1,000 jobs to help deal with its deteriorating fiscal situation. The agency plans to cut 15% of its administrative positions — more than 600 jobs — and up to 500 subway station agents.

The administrative layoffs were announced in December as part of a package to close a $383 million deficit. Falling revenue projections of dedicated taxes collected by the state on behalf of the MTA have resulted in an additional $378 million projected deficit in 2010.

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