Monday, May 20, 2013

Latest local news, weather and high school sports for Tri-State area

Oak Ridge lab to cut work force by 350 people
Posted: 09.16.2011 at 7:08 AM
9

OAK RIDGE, Tenn. (AP) — The Oak Ridge National Laboratory in Tennessee will offer a voluntary separation package to selected employees as it tries to cut 350 positions in anticipation of federal budget cuts.

Lab director Thom Mason told The Oak Ridger on Thursday that the lab will extend the offer from Oct. 3 to Nov. 16.

The program will include incentives for those choosing to leave.

But if not enough employees take advantage of the voluntary separation, Mason says there will have to be layoffs. Mason says the lab is doing everything it can to adjust costs.

Another voluntary separation package was offered in the spring and 161 employees took advantage of it.

The lab employs about 4,700 people.

___

Information from: The Oak Ridger 

Popular Stories
Thumbnail
Three Quincy residents arrested after Thursday night drug raid
KHQA Newsdesk  |  Saturday, May 18, 2013  |  1 comment
Thumbnail
Body of missing Rushville man found
Jeff Mondlock  |  Saturday, May 18, 2013  |  3 comments
Thumbnail
Terrorism conspiracy charge for Fort Madison man
KHQA Newsdesk  |  Friday, May 17, 2013  |  10 comments
Follow Connect Tri-States
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Home & Garden
Home and garden info from our experts
Expert Connect Legal
Legal info from our experts
Expert Connect Auto
Automotive info from our experts
Beauty & Wellness
Beauty and wellness info from our experts
ADVERTISEMENT