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 EDT

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.

© 2025 Newsmax Finance. All rights reserved.


StreetTalk
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
100
2016-55-27
Thursday, 27 October 2016 11:55 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved