Governor Quinn will announce $1 billion worth of budget cuts to mummed press. Governor Pat Quinn is revealing to the press details of the $1-billion budget cut for the state of Illinois, after saying on Wednesday that cuts and layoffs will be inevitable, and that everyone will have to tighten their belts.
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Gov. Pat Quinn will use a combination of state employee layoffs, furloughs and cuts in healthcare, prison and other programs to reduce $1 billion in spending, according to a draft of the plan he is set to announce today. The cuts include $185 million in state operations, which includes an unspecified number of employee layoffs and 12 unpaid days off for some employees. Medicaid and health …
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Timken Aerospace has announced a second round of layoffs at its Lebanon, N.H., plant, citing a weakening demand in the commercial aerospace sector. The Lebanon plant is laying off 54 employees. The Lebanon plant laid off 45 employees in April. It employed more than 750 people in 2008.
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Timken Aerospace has announced a second round of layoffs at its Lebanon, N.H., plant, citing a weakening demand in the commercial aerospace sector. The Lebanon plant is laying off 54 employees. The Lebanon plant laid off 45 employees in April. It employed more than 750 people in 2008.
More: continued here