Reply #63: 150 New Orleans school employees cut, more to come (1,000 total) [View All]

[UpInArms]

http://www.klfy.com/Global/story.asp?S=3754896

NEW ORLEANS The Orleans Parish school system is cutting 150 employees, the first round of what a school board member expects will be at least a thousand job reductions as it tries to cut 48 (m) million dollars from its budget.

Board member Jimmy Fahrenholtz says he thinks the numbers will actually be between a thousand and 12-hundred employees before the layoffs end.Letters to affected employees are scheduled to go out tomorrow.Bill Roberti, the new district chief restructuring officer installed by financial turnaround firm Alvarez and Marsal, confirmed the layoffs, but declined to provide further details.

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