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1000 Layoffs Being Considered by Jefferson County, Alabama

This article is about the present condition of a indebted county named Jefferson county. The county is in debt of about $3.2 billion and is preparing to layoff nearly 1000 workers as a part of a $14.5 million budget reduction. This layoff is because of the loss of about one-third of the county’s operating revenue due to the supreme court ruling a jobs tax as unconstitutional. The county is also recovering from the loss due to a tornado in April. County is expecting a bill that would give the county the power to raise as much as $50 million a year.

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Indebted Alabama County Now Considering Nearly 1000 Layoffs – NASDAQ

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1000 Layoffs Being Considered by Jefferson County, Alabama by

Posted by on June 10, 2011. Filed under Big Layoffs,Featured,Government Layoffs. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry