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AP&L's sacred cow gets butchered.

AP&L's Sacred Cow Gets Butchered

Stranger things have happened, but as we were going to press last week a middle-aged stranger delivered an anonymous newsletter entitled "The Sacred Cow" to our Whispers mail slot.

Apparently written by a disgruntled AP&L employee, the one-page newsletter speculates on the loss of possibly thousands of Arkansas jobs/positions that may occur as Entergy restructures itself.

"Total number of positions (cut) are expected to be in the hundreds, maybe thousands," it reads. "Most, if not all, of the jobs/positions are expected to come from Arkansas."

The newsletter says Little Rock's Entergy operations will be sliced to ribbons as all general and administrative corporate functions are moved to New Orleans to "lead to a dramatic improvement in Entergy's pre-tax earnings over the next few years."

AP&L currently has 3,500 employees in the state, says Jerol Garrison, a spokesman for the utility. How many will be lost in the upcoming restructuring? Good question.

"What we said was some of our employees will be moving to New Orleans," Garrison says. AP&L has declined to speculate on the size of the cuts, but "The Sacred Cow" shows employees are clearly concerned that they won't be just nicks and flesh wounds.
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Title Annotation:Whispers; restructuring of Entergy Corp. and its effect on Arkansas Power and Light Co.
Publication:Arkansas Business
Date:Nov 26, 1990
Words:208
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