January 14, 2009
ATLANTA (AP) -- Georgia Power Co., which has already reduced its hiring, says it is offering buyout packages to veteran employees in an attempt to reduce its payroll by 300 to 400 jobs.
Georgia Power spokeswoman Christy Heiser says the buyout package is for any worker with more than 10 years at the company. Those who accept will get a year's pay.
"We are seeing a reduction in our revenues because of the economic downturn," Heiser said. "Projections indicate that trend will continue in 2009."
Information from: The Atlanta Journal-Constitution,
(Copyright 2009 by The Associated Press. All Rights Reserved.)