As it announced a steep year-over-year drop in expected earnings for the second quarter, Entergy also alluded to a new cost-cutting initiative expected to result in layoffs.When pressed by reporters about a "human capital management strategic imperative" mentioned in earnings guidance last week, the company issued a statement confirming that the initiative will involve workforce reductions. The Baton Rouge Advocate reported that the plan will look for efficiencies in all parts of the utility's business, although the company did not have specifics on the number or location of affected employees.Entergy's power plants generate about 30,000 megawatts, with roughly a third of that coming from its sizeable nuclear fleet, according to the company. It owns 11 reactors at Arkansas Nuclear One, Grand Gulf, River Bend, Waterford, Palisades, Indian Point, Fitzpatrick, Pilgrim and the Vermont Yankee plant.
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with constant changes made in how we do business it is no wonder this has not happend sooner. Nuclear is now more expensive than natural gas because of all the mandates we face daily. As a work planner I constantly face changes on a weekly basis on what is expected in my work packages and most of which has little or no value to the technician doing the work. Atlas is loosing his grip as we speak.
they have 11 reactors...
big bosses seat on chair and little guy do dirty calcs!
I agree with the Planner. Each week there's another box to check for the bean count while the hands-on technical information goes by the wayside. Fluff.
Fixed the reference to the number of Entergy reactors. Thanks.
Nuclear Street News Team
Layoff the guys busting their asses while Jeff Forbes, the guy responsible for destroying the safety culture and profitability, gets promoted to CEO of EOI. Typical. The company deserves to fail.
Inquired about cobra rates was told by human capital resources. Cobra is expensive!!! That's it. No prices. What a deal