Thursday 26 February 2009

Georgia State furloughs Leave without pay: may furlough 25000 employees

The news is not good for the employees of Georgia State, which recently confimed the news that it may furlough jobs of nearly 25,000 workers - which means workers will be asked to take Leave without Pay. The recession is taking a toll on all sectors. The latest additon to the list of companies going for furlough is the Georgia State. Georgia State furloughs

How many employees may be furloughed in the Georgia State?
There could be around 25000 furloughs by the organization. This will constitute nearly 27% of the total employee strength.

What is the total no. of employees of Georgia State?
Total No. of employees of Georgia State is around 90,000 as of now.

Which locations will be affected by the Georgia State furloughs?
Since this it is a state, the furlough exercise will be a state wide exercise.

When will the Georgia State furloughs happen?
The organization is said to take on the furlough exercise over the next 6 months.

How much savings can be made by the company from the furloughs?
No information is available about the savings to be made, but it is said that this will result in massive savings and cost cutting.

What is the primary reasons for Georgia State furloughs?
Major reason are the challenging economic conditions. The state is really running short of cash and the budget deficit has gone huge.

Any other news about Georgia State furloughs
As per CNN, Apart from Georgia, some 8 more states have gone for furlough exercises, including California and Maryland. The duration of the furloughs varied from agency to agency, but most were limited to one day off per month, Schrimph said.
   Let's hope that the situation becomes better for the affected employees of Georgia State furloughs

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