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October 2008

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February 2008

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November 04, 2008

NYC mayor hints about future layoffs

As he announced a tentative two-year union contract with annual 4 percent raises, New York City Mayor Michael Bloomberg acknowledged the city may resort to employee layoffs in the future.

Bloomberg, who will propose his budget Wednesday amid an economic downturn, defended the raises for 100,000 city workers.

"If we are going to find ways to do more with less, we need a workforce that can focus on the job rather than wonder how they're going to pay the rent," he said.

However, he did not rule out layoffs.

...agency bosses have been asked to prepare for "the worst-case scenario" of layoffs if the city's economy dramatically worsens.

He assured "there's no large scale" layoffs envisioned for the next budget year that starts July 1, but added, "If the economy were to literally melt down I don't think that anybody thinks that anything could be off the table."

Posted by Lise Bang-Jensen

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