National Grid to lay off 1,200
Providence, RI – In an effort to streamline its operations, National Grid is laying off 1,200 employees over the next few months.
During a conference call with reporters, US National Grid President Tom King says it's difficult to say where those lay-offs will take place. "We won't really know the job impacts across the various states until we get through the process this summer, he says.
King says the lay-offs come from management positions and won't affect union or in the field jobs.
National Grid currently employees about 900 people in Rhode Island, 200 of those work in management.
The utility provider estimates the cuts will save the company $200 million dollars.
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