Dive Summary:
- FirstEnergy Corp. announced Wednesday that it will cut 200 jobs, citing a slow economy and low demand and prices due to increased electricity supply.
- The layoffs will occur in November as FirstEnergy expects to see its total workforce about about 17,000 employees shrink significantly from other means going into 2013.
- The Ohio-based company runs operations in Maryland, Ohio, Pennsylvania, New Jersey, New York and West Virginia.
From the article:
FirstEnergy Corp. said Wednesday that it will cut 200 jobs in November following an assessment of its workforce.
The electric company, based in Akron, Ohio, is looking at how its workers should be deployed to cope with the weak economy. ...