Sweeping layoffs of government employees are needed to prevent New York going bankrupt, Mayor Michael Bloomberg said Thursday.
Bloomberg, who is in tense negotiations with municipal workers’ unions, said an extra 7,000 jobs would have to go unless major reductions are made in employee benefits.
The possible job cuts, first announced Wednesday, would be on top of 1,300 already proposed and another 8,000 that could be axed through attrition.
“We cannot continue. Keep reading….
Obama Stimulus is at work around the country, just look at how nice its working in New York! Obama could not manage a 711 store much less The United States Government! He will bankrupt America within 4 years!