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TVA Prepares for Layoffs

Published: Mar. 31, 2004 at 1:10 PM CST|Updated: Apr. 1, 2004 at 8:43 AM CST
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Mar. 31 - Hundreds of employees at the Tennessee Valley Authority may soon be out of work.

TVA is considering eliminating 600 to 800 jobs as part of a cost cutting move. The cuts would represent the largest down-sizing at the utility in a decade.

TVA is preparing for industry deregulation by reducing expenses. If needed, officials say layoff notices will go out April 22nd.