Quantcast
 
New book by Larry Connors - Click here to read more


 

More than 180 Fluor layoffs announced

Sat. September 27, 2008; Posted: 11:36 AM
Stocks RSS
Sep 27, 2008 (Tri-City Herald - McClatchy-Tribune Information Services via COMTEX) -- FLR | Quote | Chart | News | PowerRating -- Fluor Federal Services has given layoff notices to more than 50 employees.

In addition, Fluor Hanford has accepted voluntary layoff applications from 134 employees. It also has named Bruce Hanni as president and chief executive officer to replace Con Murphy.

Those are some of the initial work force changes at the Hanford nuclear reservation as the Department of Energy replaces two expiring contracts with three new ones, including one contract that is on hold until a protest of the award is decided.

Fluor Hanford's contract expires Tuesday. Its work to clean up central Hanford will be handled by new contractor CH2M Hill Plateau Remediation Co., but Fluor Hanford will continue to provide services such as security and information technology until a new Mission Support Contract is final.

The Mission Support Contract award is being protested, and Fluor Hanford is working with DOE on a path forward beyond next week when its contract expires, said Judy Connell, Fluor Hanford spokeswoman. Fluor Hanford is likely to continue to provide site services at least until spring and possibly much longer, depending on the outcome of the protest.

In early September, Fluor Hanford allowed most of its 3,600 employees to apply for voluntary layoffs. The program is being offered in two phases with 134 employees being accepted for voluntary layoffs in the first phase. Almost all who applied were accepted, Connell said.

Employees can apply for voluntary layoffs in the second phase of the program until Oct. 30. Most of the employees approved for voluntary layoffs will receive a week of pay for every year worked up to 20 years.

Fluor Hanford told employees that the opportunity for voluntary layoffs was offered as CH2M Hill was evaluating its staffing needs for central Hanford cleanup and Fluor was evaluating its needs as it provides site support services until a new contractor for that work is in place. Fewer employees are expected to be needed, staff was told.

However, the voluntary layoffs were not offered at Fluor's other branch in the Tri-Cities, Fluor Federal Services.

The Fluor Federal Services workers who were laid off include most of the 63 people not picked for employment by CH2M Hill Plateau Remediation Co. They include workers across a broad range of jobs, said George Jackson, manager of Fluor Federal Services. They will not receive severance pay.

Fluor Federal Services had 650 employees, including 350 assigned to work on central Hanford cleanup. All but 63 of the 350 workers are transferring to the new contractor. The remaining 300 workers at Fluor Federal Services will continue to do other work at Hanford and work elsewhere.

About 200 employees from both branches of Fluor attended an event Thursday night at which information was provided on about 1,000 Fluor openings worldwide, from Indiana to Mongolia.

Among the Fluor employees who are transferring under the new contract for central plateau cleanup is Con Murphy, the outgoing president of Fluor Hanford. Fluor Federal Services is a major subcontractor on the new central plateau project and Murphy has been named to head soil and ground water remediation under the new contract.

The new Fluor Hanford president, Hanni, was vice president for business services there. His former job has been give to Dave Fraley, who was the chief information officer.

To see more of the Tri-City Herald, or to subscribe to the newspaper, go to http://www.tri-cityherald.com. Copyright (c) 2008, Tri-City Herald, Kennewick, Wash. Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

For full details on Fluor Corp (New) (FLR) click here. Fluor Corp (New) (FLR) has Short Term PowerRatings of 4. Details on Fluor Corp (New) (FLR) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [FLR]
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2008 The Connors Group, Inc.