CTA to cut more than 200 jobs

The Chicago Transit Authority says it’s going to eliminate more than 200 jobs.

The CTA said Monday that the cuts will include layoffs and eliminating vacant positions. Many of the job cuts include senior-level positions, like vice presidents and directors. The cuts will save the CTA about $22 million a year. Last week CTA President Forrest Claypool said the agency faces a $277 million budget shortfall for 2012. Claypool said Monday the agency has “to find ways to do more with less.”

CTA officials say they’ve pared management and the agency has the fewest employees in its history. The CTA has 25 percent fewer employees than it did a decade ago.

Agency officials also say they’re revising sick and vacation policies. That will save about $15 million over six years.