Progress Energy to make big job cuts in Raleigh
Story Date: 9/2/2011

 

Source: John Murawski, NEWS & OBSERVER, 9/2/11

The totality of Progress Energy's imminent downsizing fully sank in Thursday when the company said it could erase as much as half of its workforce in downtown Raleigh as part of its planned merger with Duke Energy. The power company notified its workers to expect corporate operations downtown to shrink to between 1,000 and 1,300 employees. 

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