Schwarzenegger « News Donkey

Schwarzenegger May Terminate 20,000 California Employees Amid Budget Impasse

By Michael B. Marois and William Selway | Bloomberg.com

Feb. 10 (Bloomberg) — California Governor Arnold Schwarzenegger is preparing to fire thousands of government workers as an impasse over the state’s $42 billion budget shortfall threatens to drain the state of cash.

Schwarzenegger, a Republican, plans to send notices on Feb. 13 to 20,000 workers informing them they may be terminated, Aaron McLear, a spokesman for the governor, told reporters in Sacramento today. The notices will go to about 8 percent of the state’s employees, laying the groundwork for the governor’s goal of temporarily cutting as many as 10,000 jobs, he said.

“This is not a threat,” said McLear. “This is being done out of a sense of reality. The state is running out of cash.” …

February 10, 2009 Posted by newsdonkey | California, Economy, Schwarzenegger, Stimulus | Budget Issues, California, Economy, Schwarzenegger | Leave a Comment

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