Early Briefing: Cuts at Sirius XM, and in Budgets
*Sirius XM Radio laid off at least 50 workers, including on- and off-air talent at channels with formats ranging from oldies to modern rock, according to employees and a source with direct knowledge of the cutbacks. The satellite radio company's New York offices did not return phone calls or e-mails seeking comment on the matter. But a source, who was not authorized to speak publicly about the staffing situation, confirmed that the company was initiating layoffs.
*A Maryland panel approved nearly $350 million in midyear cuts to a wide range of state programs, including some that serve elderly and disabled people, and scaled back recent funding increases for public universities and community colleges. The actions, proposed by Gov. Martin O'Malley (D) in response to the economic downturn, also eliminated 833 mostly vacant state jobs, including 100 positions for correctional officers and 181 jobs in the state health department.
*Virginia's transportation revenues are expected to decrease by more than $2 billion over the next six years, forcing significant cuts in projects, jobs and services and an overhaul of the way the state Department of Transportation does business, officials said. After cutting the budget for new road and transit projects by $1.1 billion in June, the Commonwealth Transportation Board will meet next month to slash another $1.1 billion -- or more, depending on economic conditions.
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Posted by: TerrifiedCitizen | October 17, 2008 2:33 AM
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