SECURITIES AND EXCHANGE COMMISSION

                           WASHINGTON, D.C. 20549

                                    FORM 8-K


                               CURRENT REPORT
                   Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


              Date of Report (Date of earliest event reported):
                               March 26, 2001


                    KANSAS CITY SOUTHERN INDUSTRIES, INC.
                    -------------------------------------
             (Exact name of company as specified in its charter)


       DELAWARE                  1-4717                   44-0663509
---------------------         -------------           -------------------
(State or other jurisdiction  (Commission file           (IRS Employer
   of incorporation)             number)              Identification Number)


              114 West 11th Street, Kansas City, Missouri 64105
              -------------------------------------------------
             (Address of principal executive offices) (Zip Code)


              Company's telephone number, including area code:
                                (816) 983 - 1303


                                 Not Applicable
        (Former name or former address if changed since last report)

<PAGE>









Item 5.     Other Events

On March 26, 2001, Kansas City Southern  Industries,  Inc. ("KCSI" or "Company")
announced that, effective  immediately,  it will implement a cost reduction plan
that will result in a total workforce reduction of approximately 6% of its 3,000
member  workforce.  Additionally,  KCSI will  implement a  voluntary,  temporary
annual salary reduction for middle and senior management and temporarily suspend
certain benefits for its management employees.

These  reductions  are not  intended  to impact the  Company's  plans to develop
strategic  facilities and assets essential to the Company's future. In addition,
KCSI's  capital  program for safely  maintaining  the  railroad  will  continue;
however,  implementation  of a  major  project  to  upgrade  and  modernize  the
Company's computer system - MCS - will be put on hold until economic  conditions
enable resumption of the program.

These  actions,  which are designed to realize cost savings in order to keep the
Company  competitive  for the future,  are in response to the existing  economic
slowdown.





<PAGE>




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly  caused  this  Report  to be signed  on its  behalf by the  undersigned
hereunto duly authorized.


                                           Kansas City Southern Industries, Inc.


Date: March 27, 2001                        By: /s/  Louis G. Van Horn
                                               ----------------------------
                                                    Louis G. Van Horn
                                             Vice President and Comptroller
                                             (Principal Accounting Officer)
[{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "WORK FORCE REDUCTION", "secsgml_size_bytes": 3087}]
{"company-data": {"conformed-name": "KANSAS CITY SOUTHERN INDUSTRIES INC", "cik": "0000054480", "assigned-sic": "4011", "irs-number": "440663509", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-04717", "film-number": "1580889"}, "business-address": {"street1": "114 W 11TH ST", "city": "KANSAS CITY", "state": "MO", "zip": "64105", "phone": "8169831303"}, "mail-address": {"street1": "114 WEST 11TH STREET", "city": "KANSAS CITY", "state": "MO", "zip": "64105"}}
SECURITIES AND EXCHANGE COMMISSION

                           WASHINGTON, D.C. 20549

                                    FORM 8-K

                               CURRENT REPORT
                   Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

              Date of Report (Date of earliest event reported):
                               March 26, 2001

                    KANSAS CITY SOUTHERN INDUSTRIES, INC.
                    -------------------------------------
             (Exact name of company as specified in its charter)

       DELAWARE                  1-4717                   44-0663509
---------------------         -------------           -------------------
(State or other jurisdiction  (Commission file           (IRS Employer
   of incorporation)             number)              Identification Number)

              114 West 11th Street, Kansas City, Missouri 64105
              -------------------------------------------------
             (Address of principal executive offices) (Zip Code)

              Company's telephone number, including area code:
                                (816) 983 - 1303

                                 Not Applicable
        (Former name or former address if changed since last report)
Item 5.     Other Events

On March 26, 2001, Kansas City Southern  Industries,  Inc. ("KCSI" or "Company")
announced that, effective  immediately,  it will implement a cost reduction plan
that will result in a total workforce reduction of approximately 6% of its 3,000
member  workforce.  Additionally,  KCSI will  implement a  voluntary,  temporary
annual salary reduction for middle and senior management and temporarily suspend
certain benefits for its management employees.

These  reductions  are not  intended  to impact the  Company's  plans to develop
strategic  facilities and assets essential to the Company's future. In addition,
KCSI's  capital  program for safely  maintaining  the  railroad  will  continue;
however,  implementation  of a  major  project  to  upgrade  and  modernize  the
Company's computer system - MCS - will be put on hold until economic  conditions
enable resumption of the program.

These  actions,  which are designed to realize cost savings in order to keep the
Company  competitive  for the future,  are in response to the existing  economic
slowdown.
SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly  caused  this  Report  to be signed  on its  behalf by the  undersigned
hereunto duly authorized.

                                           Kansas City Southern Industries, Inc.

Date: March 27, 2001                        By: /s/  Louis G. Van Horn
                                               ----------------------------
                                                    Louis G. Van Horn
                                             Vice President and Comptroller
                                             (Principal Accounting Officer)