| Livermore Lab Plans Layoffs |
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| Wednesday, 16 April 2008 10:18 | |||
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LIVERMORE, CA – Livermore Lab announced plans to layoff up to 535 employees, including scientists and engineers. These involuntary layoffs could start as early as mid-May. The state-funded lab laid off about 500 temporary and support employees in January, and 215 permanent employees took a buyout in March. The shedding of employees is a result of increased costs associated with the changeover to private management from the University of California last fall, says the lab. After the next set of layoffs, the lab will still employ about 6,600. Manager Lawrence Livermore National Security anticipated about $80 million in increased costs; however, the costs have reached $280 million.
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| Last Updated on Wednesday, 16 April 2008 10:19 |
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