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<blockquote data-quote="texan" data-source="post: 1052875" data-attributes="member: 38206"><p><strong>FirstEnergy to cut 400 jobs by 2016, cites lower prices, competition</strong></p><p><strong></strong></p><p><strong>AKRON, Ohio -- FirstEnergy expects to cut up to 400 jobs by 2016 as it struggles to stay profitable in a</strong></p><p> <strong>lackluster economy that has led to continued low demand and low power prices. </strong></p><p><strong></strong></p><p><strong> Anthony Alexander, chief executive officer, revealed the coming job cuts Thursday during a public</strong></p><p> <strong>teleconference with financial analysts about the company's third quarter financial results. </strong></p><p><strong></strong></p></blockquote><p></p>
[QUOTE="texan, post: 1052875, member: 38206"] [B]FirstEnergy to cut 400 jobs by 2016, cites lower prices, competition AKRON, Ohio -- FirstEnergy expects to cut up to 400 jobs by 2016 as it struggles to stay profitable in a lackluster economy that has led to continued low demand and low power prices. Anthony Alexander, chief executive officer, revealed the coming job cuts Thursday during a public teleconference with financial analysts about the company's third quarter financial results. [/B] [/QUOTE]
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