ENERGY

PG&E; Speeds Up Layoffs: At least 2,600 Pacific Gas & Electric Co. jobs will be cut by the end of the year in an accelerated layoff plan at the nation’s largest utility. The company had announced in February that 1,500 jobs would be cut this year and another 1,500 in 1994. The story was reported in Friday’s editions of the San Francisco Chronicle and San Francisco Examiner. Neither paper named its sources. The accelerated layoffs are the result of workers cashing in on early retirement plans and other incentives, the papers reported. But a memo to company executives said a decline in business also was to blame. The company said its two-year estimate of 3,000 total layoffs remains the same. PG&E; has 26,000 employees.