Connecticut Governor Plans To Fire 5,500 State Employees As Unions Reject Compromise

June 29, 2011 06:26

Connecticut Gov. Dannel Malloy announced Tuesday he will seek to fire 5,500 state employees and leave 1,000 vacancies unfilled after public employee unions rejected a $1.6 billion concession plan.

By Zeke Miller at Business Insider


While a majority of state employees voted to accept a wage freeze in exchange for a guarantee of no layoffs, the vote failed last week when it did not have the majority support of 14 of 15 employee unions.

The plan comes amid news that Moody’s lowered its outlook for the state’s bond rating — which dropped to Aa2 last year due to excessive borrowing and unfunded pension obligations.


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