Los Angeles LA School Layoffs Job Cut: may fire 9000 employees: Finance Trading Times

Los Angeles LA School Layoffs Job Cut: may fire 9000 employees

The news is not good for the employees of Los Angeles LA School. The recession is taking a toll on all sectors and even the education sector organizations and boards are the ones feeling the heat. The latest additon to the list of organization which may go for layoffs is the Los Angeles LA School. We had reported in the month of January 2009, about the LAUSD Layoffs Job Cut and the worsst has come true for the teachers. Los Angeles LA School Layoffs

How many employees may be fired in the Los Angeles LA School layoffs?
It is learnt that the LA School board has given its approval to send layoff notices to around 8,800 teachers and other employees.

What is the total no. of employees of Los Angeles LA School?
Total No. of employees of Los Angeles LA School is not known as of now.

When will the LA School layoffs happen?
It is reported that the notices will be sent by March 15 2009 and the actual number to be laid off will be determined before July 1.

How much savings can be made by the company from the layoffs?
No details available about that.

What is the primary reasons for Los Angeles LA School layoffs?
There is a big deficit - The district has a $718 million budget shortfall

Any other news about Los Angeles LA School layoffs
As per Associated Press, Superintendent Ramon Cortines says factors that will determine the actual number of layoffs will include the effectiveness of an early retirment incentive package and the amount of money the district may receive from the federal economic stimulus.
Let's hope that alternative jobs are available to the affected employees of Los Angeles LA School Layoffs Job Cut
Have Comments or Questions? Please post them as comments using "Post our Comments" link below. Your queries will be responded for free in 24 hrs!

0 Comments: Post your Comments

Wish you all happy and fruitful trading and investing activities with safety! = = = Post a Comment

Copyright Information:
© Finance-Trading-Times.com
Please see Our Copy Right Policy. All the articles, posts and other materials on this website/blog are copyrighted to the owners of this portal. The content should NOT to be reproduced on any other website or through other medium, without the author's AND owners' permission. Contact: contactus(AT)finance-trading-times.com

DISCLAIMER: Before using this site, you agree to the Disclaimer. For Any questions or comments, please mail contactus(AT)finance-trading-times.com.

About UsAdvertise with UsCopyRight Policy & Fair Use GuidePrivacy PolicyDisclaimer