FirstEnergy Offering 600 Employees Buyouts

posted by News Radio 1370 WSPD & 92.9-FM - 

(Cleveland, OH)  FirstEnergy is offering early retirement packages to nearly 600 support staff.  

Company officials will know by Monday how many will accept it.  The employees all work for a subsidiary called FirstEnergy Service Company.  It was created in 2001 to provide legal, financial and communications services for the corporation's far-flung divisions.  

FirstEnergy previously announced plans to exit its competitive businesses, including its coal-fired plants and nuclear power plants, and become a fully-regulated utility again. 

It's unclear whether any Toledo Edison workers will be affected by the offers.


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