Tags: US | LA | City | Layoffs

LA Mayor Orders 1,000 Layoffs to Close Budget Gap

Thursday, 04 Feb 2010 09:24 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

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 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Bill Clinton: World's Borders More 'Like Nets Than Walls'

Friday, 19 Sep 2014 06:14 AM

Power is more diffuse in a technologically advanced world, and that means inclusiveness is the only way to battle the wo . . .

Report: Washington Full of Cell Phone Spying Devices

Thursday, 18 Sep 2014 22:12 PM

The Washington, D.C., area is littered with devices that spy on users' cellphones, and one expert thinks they were plant . . .

Man Kills Daughter, Six Grandchildren in Murder-Suicide

Thursday, 18 Sep 2014 21:43 PM

A 51-year-old Florida man shot dead his daughter and six grandchildren in his home before killing himself on Thursday, a . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

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