Tags: Luminant | TXU | TCEH | job cuts

Luminant, TXU Energy Plan to Cut 500 Utilities Jobs in Texas

Luminant, TXU Energy Plan to Cut 500 Utilities Jobs in Texas

 (Dreamstime)

By    |   Thursday, 27 October 2016 11:55 AM

TCEH Corp., the parent company of utilities Luminant and TXU Energy, is cutting 500 jobs in its Texas operations, according to KLTV.

“No details are available yet on the specific locations affected by the latest round of layoffs, but a company spokesman says the layoffs will be company-wide,” the news station reported. “Most of the new layoffs will be on the support side and should not impact power plant operations or customer service."

TCEH this month emerged from Chapter 11 bankruptcy as a standalone company in a tax-free spinoff from Energy Future Holdings Corp., according to a statement.

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TCEH Corp., the parent company of utilities Luminant and TXU Energy, is cutting 500 jobs in its Texas operations, according to KLTV.
Luminant, TXU, TCEH, job cuts
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2016-55-27
Thursday, 27 October 2016 11:55 AM
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