Ameren Corp (AEE) to Reduce Staff by 300, About 3%
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- Ameren Corp (AEE) to Reduce Staff by 300, About 3%
Ameren Corporation (NYSE: AEE) today announced that, through a combination of voluntary and involuntary separation programs, the corporation will have eliminated approximately 300 positions with substantially all employees separated from the company by Dec. 31, 2009. This represents a reduction of approximately 3 percent of the corporation's approximately 9,700 total employees.
The staff reductions result from the following initiatives:
- In July and August, Ameren's merchant generation business segment, announced the reduction of approximately 145 positions, including about 50 bargaining unit employees.
- In September and October, approximately 100 employees chose to sign up for a voluntary separation election offered to approximately 350 employees of Ameren and its subsidiary companies.
- In early November, the corporation announced over 50 involuntary reductions of non-bargaining unit positions.
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