they have announced today that there will be restructuring in gas operations tomorrow. They already layoff some directors last month and its expected that they hit mangers and supervisors tomorrow. Also some notable people got layoff today. This is happening in the most part in Bishop Ranch in San Ramon
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Its also rumored that they will eliminate all the contractors in Gas Operations by the end of the year. They will also reduce the management pool, especially the individuals supervising 5 or less employees. They will also not back fill any position that is vacant by bidding out or retirement. Finally, after they have cut all the fat from the company, they will turn there attention to renegotiation with the unions to reduce there head count. Be ready, Winter is Coming!!!
I heard a rumor that severance packages will not be offered this time around. Can anybody confirm this?