Monday, November 23, 2009

AP Layoff Total "about 90"

AP reports:
"The moves are part of a larger restructuring throughout the AP, as the company made cuts to reduce annual payroll costs by 10 percent. The company used attrition, buyouts and about 90 layoffs — about 2 percent of the work force — to reach that goal. An undisclosed number in other departments were cut earlier."
[emphasis added]

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