Labor & Economic News Blog
Wednesday, February 01, 2006
Bankrupt Calpine to lay off 300 workersBy By MICHAEL LIEDTKE, AP Business Writer
Bankrupt power merchant Calpine Corp. on Wednesday disclosed plans to fire about 9 percent of its employees in a purge designed to trim its annual expenses by $50 million as it battles to recover from its financial woes. Besides jettisoning 300...
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