Subscribe: 
Magazine
Newsletters
subscribe Read Magazine
Hot Topics:
Print Text: A A
Topics  AP

Redstone Arsenal preparing for cuts

By AP  | August 16, 2011
Chat Email

HUNTSVILLE, Ala. (AP) — Redstone Arsenal managers say they are still developing plans in response to the Army's announcement it will cut more than 8,700 from its civilian work force by Sept. 30, 2012. But they aren't expecting massive layoffs.

The Huntsville Times reports (http://bit.ly/o08jzz ) that about 272 positions at the Aviation and Missile Command and 74 at Army Materiel Command headquarters at the arsenal are expected to be eliminated. Some AMCOM employees applied for Voluntary Early Retirement/Voluntary Separation Incentive pay before a July 15 deadline.

AMC moved more than 1,300 positions to Redstone Arsenal and opened a new headquarters there in June. It oversees 11 subordinate commands and two separately reporting agencies worldwide, with more than 70,000 employees.

___

Information from: The Huntsville Times, http://www.al.com/huntsville

Print Text: A A
Topics  AP
Comments
Comment Anonymously

Cancel
Loading comments - please wait...
1 of 1 Back Next
Subscribe



TOOLS:

Stock Quote / Mutual Funds / Portfolio

Market News

More Market News
  • Popular
  • Commented
Editor's Pick

House prices in Canada

9 reasons why you don't need to panic.
Poll
View the results from recent polls


twitter From Twitter
Connect
Rankings & Awards
More Awards & Rankings
Subscribe
More from the Canadian Business Network
Canada's Best Jobs 2012
rotator Wondering who's hiring, what they're paying and whether their industry is booming or dwindling? Our rankings will help you plot a practical course through today's job market.
Emerging markets offer investment upside
CB_Huangpu River Beaten down in 2011, emerging markets are now offering a lot of upside—and the risk is overstated.
House prices: 9 reasons not to panic
CB_housing bears Like stocks, buy and hold beats timing the housing market.
Thieves of Bay Street
CB_thievesbay Book review: Muckraker Bruce Livesey delves into how the Canadian government bailed out corporations in the latest recession.
Index funds offer retirement riches
CB retirement mature couple Just two index funds and a once-a-year portfolio rebalancing can make you rich.
MoneySense June 2012
ISSUE: June 2012

.

Profit cover March 2012
PROFIT: Issue - March 2012

CB07_COVER (web)
Issue: April 30, 2012

Subscribe
Back to Top
Blogs & Analysis
CSR
/
Business Ethics
/
Consumer Insight
/
Sales & Marketing
/
Performance
/
Tech
/
Business Briefings
/
Investing
Multimedia
CBN Podcasts
/
CBN Videos
/
CBN Galleries
Tools
My Portfolio
/
Discussions
/
Stock Quotes
/
Mutual Fund Lookup