Mayor Orders Agencies to Draw Up Layoff Plans
From Times Wire Reports
Mayor Michael R. Bloomberg has ordered New York City agencies to submit layoff plans, after his administration increased its estimate of next year’s budget shortfall by $500 million.
The mayor has said the city may have to lay off 12,000 of its 250,000 workers.
Comptroller William Thompson said the city’s budget deficit would be $3.9 billion, not the $3.4 billion Bloomberg forecast.
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