With No Budget, California to Cut 20,000 State Jobs
California, which is on the brink of running out of cash, will notify 20,000 state workers on Tuesday their jobs may be eliminated, a spokesman for Governor Arnold Schwarzenegger said on Monday.
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California, America’s most populous state and the world’s eighth biggest economy, has experienced a dramatic fall in revenues because of the housing downturn, rising unemployment and a sharp pullback in consumer spending.
To conserve cash, the state has stopped public works projects, furloughed state employees for two days a month and postponed sending out tax refunds.
Arnold Schwarzenegger, State Jobs Terminator
Comentário por LPedroMachado — Fevereiro 18, 2009 @ 05:33