cuts

New York News
7:36 am
Mon March 4, 2013

Cuomo sees federal budget impact on New Yorkers

Credit Office of Governor Andrew Cuomo

Gov. Andrew Cuomo says the federal budget fight forcing temporary across-the-board spending cuts will affect New Yorkers including students and seniors.

He says the cuts won't have as big an impact on state government.

The dispute between Democratic President Barack Obama and the Republican-led House over spending cuts and tax increases led to automatic cuts that started Friday.

Cuomo says brinksmanship isn't the way to do business and makes people anxious.

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New England News
8:08 am
Wed May 9, 2012

TD Bank Expected to Cut 200 Western MA Jobs

About 200 people are expected to lose their jobs when TD Bank closes a customer call center in Springfield at the end of the year.

The workers learned at a meeting Tuesday night that the 24/7 customer support center will close in December as part of a decision to consolidate call centers to locations in Maine, New Jersey and South Carolina.

The branch at the location will remain open.

Bank spokesman Jimmy Hernandez tells WWLP-TV it was a difficult decision and did not reflect job performance.

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WAMC News
7:13 am
Tue May 1, 2012

States Scaling Back Worker Pensions to Save Money

State governments have long lured workers with the promise of lucrative pensions that provide nearly the pay in retirement that employees earned on the job. But after years of budget crunches, nearly every state has revamped public retirement benefits in an effort to shrink the long-term obligations that are billions of dollars short of what is needed to cover benefits.

The moves have triggered a legal and political battle over whether states are reneging on their promises to millions of public-sector workers.

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