Login or Register
Welcome , Settings |  Logout
Tags: US | LA | City | Layoffs

LA Mayor Orders 1,000 Layoffs to Close Budget Gap

Thursday, 04 Feb 2010 09:24 PM

 

Share:
More . . .
A    A   |
   Email Us   |
   Print   |

The mayor of Los Angeles has ordered the immediate layoff of 1,000 city employees to help to balance the city's budget.

Mayor Antonio Villaraigosa (vee-ah-reye-GOH'-sah) took the action Thursday, after the City Council voted unanimously a day earlier to postpone any action on job cuts for 30 days while they explore other options.

Villaraigosa says his move will strengthen the city's credit rating and its long-term fiscal health.

City budget analyst Miguel Santana says the cuts are necessary because of the city's $208 million budget gap. He says delays will only result in bigger cuts later.

© Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax community.
Register to share your comments with the community. Already a member? Login
Note: Comments from readers do not necessarily reflect the viewpoint of Newsmax Media. While we attempt to review comments, if you see an inappropriate comment you can block it by rolling over the comment, clicking the down arrow and selecting "Flag As Inappropriate."
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
Hot Topics
Top Stories
Around the Web
You May Also Like

FBI Conducts Hazardous Materials' Search in Ricin Case

Saturday, 18 May 2013 16:39 PM

Authorities in hazardous materials suits searched a downtown Spokane apartment Saturday, investigating the recent discov . . .

US Airways Flight Makes Rare 'Belly' Landing in Newark

Saturday, 18 May 2013 16:06 PM

A US Airways flight made an emergency landing on its belly at Newark Liberty International Airport early on Saturday aft . . .

Orb's Quest for Triple Crown Continues with Preakness

Saturday, 18 May 2013 15:39 PM

Orb is ready for his whirl at history. . . .

 
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved