Bloomberg Announces Thousands Of Job Cuts

Bloomberg shows Spidey sense (NYC Mayor's Office)

Yesterday, Mayor Bloomberg announced that he teamed up with Spider-Man, er, Marvel Comics, to produce a free comic telling unemployed New Yorkers about the city's resources to help them find jobs. Hopefully City Hall has some extra copies, because Bloomberg unveiled about $1 billion in job cuts—thousands of positions are being eliminated—and other cost savings measures.

According to the Daily Politics, here are how the cuts shake out: "In short, City Hall says, reducing the city’s budget deficit for next year means getting rid of 2,102 employees in the current fiscal year, 2011, and 8,264 in Fiscal Year 2012. That includes 889 layoffs in Fiscal Year 2011 and 5,312 layoffs in Fiscal Year 2012."

Bloomberg said, "We’ve kept the City’s financial house in order through these difficult times by planning ahead and never shying away from making the hard decisions, and our current budget remains balanced because of that sound approach. But we face a significant challenge for next year, as Federal stimulus dollars run dry and the city still suffers from the impacts of the national economic downturn. We began working to attack next year’s deficit immediately after passing this year’s balanced budget, and there is still more work to do. More spending reductions are going to be necessary, and we have to continue to reduce the number of employees we have by not filling positions - we simply cannot afford the size of our current workforce.”

Contact the author of this article or email tips@gothamist.com with further questions, comments or tips.

By Jen Chung in News on November 18, 2010 5:06 PM

Comments [rss]

Oxford

This headline could equivalently read: "Bloomberg saves New Yorkers billions of dollars". I guess none of the above commenters care about 1) their hard-earned money; 2) the city's fiscal solvency. OK, go ahead and elect a guy who will increase public sector staff, wages and benefits, and watch us turn into Detroit.

John Clavis

Fuck you anti-union shitheads. This economic downturn wasn't caused by unions -- it was caused by the same class of rich, rapacious speculators and corporate greedheads (like Bloomberg) who have caused every meltdown and recession of the last 30 years on the way to looting the country and turning America into a feudal state.

Unions got us job security and decent wages. The right-wing scumbags want to take them back and turn us all into terrified, powerless temps. You seem eager to help that happen.

If you resent public, unionized workers because their job is better than yours, then maybe you should have done something about it when your private-sector job started to suck. The solution is not to turn us all into serfs, working for Lord Bloomie.

jamieob256

+1,000,000

FelixtheCat & Christine Quinn'

yet no cuts to his development projects - ATlantic Yards, Hudson Yards, High Line, Coney Island, willets point etc. and this "business man" had cuny buy citicorp building at ABOVE market price. all our money doled out to his rich buddies while he targets workers. damn, i hate this midget.

ANGRYGOD11

He should have done this a couple of years ago. Other cities and states recognized the party was over in 2008 and made the tough decisions right away.

napalm

Don't cry now NYC!

You voted this kock$ucker in.

What were you expecting?

And all we'll have to remember this fascist dictator by is the increase in police corruption, rising homelessness, hypocrisy on new levels, fucked up education system, his opposition to raise wages, his spite towards NYers, and those fuckin pedestrian plazas!

I hope Bloomturd passes away this week

hashedz

+100

bonu$baby

Good. Fire 100,000 of these lazy parasites as far as I am concerned.

Oxford

Gee, I wonder how many tens of thousands of employees the city could hire, how many streets it could repave, how many parks it could open, how many libraries and community centers could be funded, if only the public sector unions would be willing to part with a small portion of their outrageous pension and health care benefits. God forbid.

JacqueMehoff

Any outside consultants cut in that plan?

The Great Arturo Bandini

Ha! + 1

exnyer

I can`t wait until it`s his employment that is cut.....for good!!! Do NYC a favor and go away Bloomy.

fuboy

Then maybe you shouldn't have given every real estate developer enormous tax cuts. Idiot.

Why do I feel like I should order a band for this sinking ship?