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Mr. Applegarth said Northern Rock would cut back on issuing new loans, as well as cutting costs through a hiring freeze and other steps.
The positions of 600 corrections employees at those 14 prisons would be eliminated through a hiring freeze, voluntary transfers and attrition, he said.
They include saving $15.9 million through a hiring freeze; $7.3 million by eliminating certain social service contracts; $4.9 million through slashing police overtime; and $2.8 million by eliminating 59 county positions.
Isuzu said it planned to shed 9,700 workers, about one-quarter of its work force, over the next three years, mainly through a hiring freeze, attrition and an early retirement program.
The administration will encourage more state workers to retire early over the next two months, because the governor's plan to shrink the work force through a hiring freeze and buyouts has failed to reach its goals, the official said.
The plan bridges the $46.8 million gap between increased expenses and decreased revenues largely through a hiring freeze of specific positions, the elimination of 52 vacant positions and no raises for nonunion managers.
Similar(46)
FleetBoston had previously said that about 5,000 jobs would be eliminated as a result of the merger, half of them through attrition, a hiring freeze and the sale of branches.
The rest of the staff reduction was accomplished through attrition, with a hiring freeze over the last six months and many part-time contracts not being renewed.
I dictated this through a medium hired by Vice.
The high street stalwart had a busy year in 2014, seeing off an unwelcome takeover approach from an opportunistic American retailer, Destination Maternity; raising £100m through a rights issue; and hiring a new chief executive and finance director.
Chrysler's already been through a round of hiring part-timers: 50 of the 380 they've brought in have had their positions converted to full-time.
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