Layoffs Planned for Palisades Nuclear Plant

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

fox17-palisades-nuclear-plant-service-restored-20121107COVERT TOWNSHIP, Mich. — More than two dozen workers at the Palisades Nuclear Plant in Van Buren County will be laid-off.

According to The Advocate in Louisiana, Entergy — the company that owns Palisades — is laying off 800 workers nationally.  Nearly one-third of the layoffs will happen in Louisiana, where the company is headquartered.

Here in Michigan, there are approximately 30 people who stand to lose their jobs.

The job cuts were part of the company’s second-quarter earnings report, which showed that Entergy is struggling to meet performance expectations.  Eliminating the jobs will save Entergy $200 million to $250 million by 2016.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s