Ameren Eliminates 75 Positions in Illinois and Missouri
05/03/2010
"While it is always difficult to reduce staffing, we believe these reductions are critical to meet the realities of today's depressed power markets," said Chuck Naslund, Ameren president and CEO. "Prices for the power we sell today are far below the levels of earlier years."
The company may also temporarily stop operating its least efficient plants and reduce benefits soon to save additional money. Last year, the company laid off 135 employees.
Ameren serves 2.4 million electric customers and 1 million natural gas customers in Illinois and Missouri.
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