AKRON, Ohio (AP) — 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. This will include a review of its corporate support departments and its subsidiary FirstEnergy Solutions business, both based in Akron. It will announce the results in November.
The company currently employs about 17,000 people. FirstEnergy also expects its total workforce to shrink by attrition next year.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
