Business Services Industry
BellSouth to Cut 42 Union Jobs in Central Florida.
Knight Ridder/Tribune Business News, December, 2001
By Barry Flynn, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News
Dec. 15--With demand for basic telephone service falling because of the recession, BellSouth Corp. on Friday said it will eliminate 42 union jobs in Central Florida as part of company-wide cutbacks.
The company is offering a financial package to induce 1,200 employees to leave the company "because of the economic downturn," said Peg Bernhardt, a spokesman at BellSouth headquarters in Atlanta.
"We really anticipate there will be no layoffs or very few layoffs," she said. However, the company does not rule out dismissals should the financial package attract too few volunteers.
The offer includes a cash payment. It will range from $800 to an employee who has...
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