Monday, February 16, 2009

Schwarzenegger Prepares to Layoff 20,000

by Calculated Risk on 2/16/2009 10:20:00 PM

From the LA Times: Governor prepares to send out 20,000 pink slips

In an apparent effort to increase pressure on lawmakers negotiating an end to California's fiscal crisis, Gov. Arnold Schwarzenegger is preparing to send pink slips to 20,000 state workers.
With his layoff plan, Schwarzenegger hopes to eliminate 10,000 jobs, but is sending out more notices in case the state meets with obstacles, legal or otherwise, in laying off certain workers.

Layoffs can take about six months to implement, because of union contracts and other required steps. ...

Also today, the administration announced that on Tuesday it will shut down the final 276 public works projects that had been allowed to continue operating during the state's cash crisis.
Arnie, you're doing a heck of a job!