Thread regarding Perini Corp. layoffs

Ronald Tutor, Chairman and CEO, said: "With continued focus on our higher-margin civil and management service group contributions to operating profits, combined with incremental improvement in the overall building industry, we remain confident in our ability to leverage our diversified platform for long term growth. We believe that there are notable signs of improvement in the broad economy, such as available financing, that we anticipate will translate into promising bidding opportunities for our Company."