Printer Friendly

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.
COPYRIGHT 1990 Journal Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1990 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Whispers; restructuring of Entergy Corp. and its effect on Arkansas Power and Light Co.
Publication:Arkansas Business
Date:Nov 26, 1990
Previous Article:Realtors moving around.
Next Article:Like a good neighbour.

Related Articles
AP&L's damage control: the May 20 flooding of Lake Catherine resulted in millions of dollars of damages as AP&L's credibility, competence is...
AP&L's main woman.
Buying a Subaru?
Up in smoke?
Rate shock: will Arkansas Power & Light Co. pull the plug on its $5 million lease in the TCBY Tower?
Entergy reveals enterprising side.
Utilities help cities woo jobs.
AP&L rewires its future.
Entergy, corporate titans square off: 'special contracts' offer good rates for corporate silence at PSC hearing.
Missed Opportunity Haunts Future Generations.

Terms of use | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters