1000 Layoffs Being Considered by Jefferson County, Alabama

This article is about the present condition of a indebted county named Jefferson county. The county is in debt of about $3.2 billion and is preparing to layoff nearly 1000 workers as a part of a $14.5 million budget reduction. This layoff is because of the loss of about one-third of the county’s operating revenue due to the supreme court ruling a jobs tax as unconstitutional. The county is also recovering from the loss due to a tornado in April. County is expecting a bill that would give the county the power to raise as much as $50 million a year.

Read the original article here:

Indebted Alabama County Now Considering Nearly 1000 Layoffs – NASDAQ

1000 Layoffs Being Considered by Jefferson County, Alabama by
Authored by: Harrison Barnes

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>