Thursday, May 24, 2012

 
 
 
 
 
California city is about to lay off nearly half its workers
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Friday, March 04, 2011
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From Mish's Global Economic Trend Analysis:

The City of Costa Mesa, with a population over 100,000, is about to become 43% closer to the idealized goal of no city workers.

In a massive step in the right direction, Costa Mesa plans to lay off nearly half its city workforce, outsource services.

The city of Costa Mesa plans to lay off more than 200 employees and outsource 18 city services by the fall.

The layoffs would cut the city's municipal workforce by 43%. The City Council approved the layoffs in a 4-1 vote late Tuesday night, despite nearly unanimous opposition from the audience.

City officials said pink slips will go out in the next six months. The mayor blamed years of ...

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Topics: Muni_bonds | California | Cruxallaneous
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