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Pastimes : Layoff Totals for US Companies
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From: peppe511/15/2009 8:21:31 AM
   of 8051
 
400....Georgia Power Co., which has already reduced its
hiring, says it is offering buyout packages to veteran employees in
an attempt to reduce its payroll by 300 to 400 jobs.
Georgia Power spokeswoman Christy Heiser says the buyout package
is for any worker with more than 10 years at the company. Those who
accept will get a year’s pay.
“We are seeing a reduction in our revenues because of the
economic downturn,“ Heiser said. “Projections indicate that trend
will continue in 2009.“
wsav.com
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