Sam Kusic - Profile and Journalist Details
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Verified
News Editor, Iron & Steel Technology Magazine
Pittsburgh
Beats
Engineering, research + development robotics, fluid power + motion control components discrete manufacturing, OEM design engineering aerospace, engineering-related leadership and management topics.
Blockchain. Anything not tech.
Content
By Sam Kusic Verified| Sacramento Business Journal Verified Consol Energy Inc. has laid off about 470 people throughout the company, representing about 10 percent of its workforce. The cuts are across the board, affecting about 290 people in its corporate and natural gas divisions and 180 people at its Pennsylvania longwall mines. Consol cited the weak coal and gas markets as the reason for the layoffs. "We continually evaluate our workforce based on current and anticipated activity levels.
By Sam Kusic Verified| Sacramento Business Journal Verified Against the backdrop of low energy prices, Consol Energy Inc. (NYSE:CNX) has commenced a new round of layoffs, according to sources. Employees were starting to learn the news late Monday, sources said, but it was unclear how many are affected by the decision. Consol officials declined comment. The layoffs are the latest in a series of cost-cutting moves. In April, the company laid off about 5 percent of its workforce, a move that affected upwards of 190 people.
By Sam Kusic Verified| Sacramento Business Journal Verified Consol Energy Inc. has laid off about 470 people throughout the company, representing about 10 percent of its workforce. The cuts are across the board, affecting about 290 people in its corporate and natural gas divisions and 180 people at its Pennsylvania longwall mines. Consol cited the weak coal and gas markets as the reason for the layoffs. "We continually evaluate our workforce based on current and anticipated activity levels.
Company Info
Iron & Steel Technology Magazine
The Houston Business Journal is a prominent source of local business news for the Greater Houston area. Established in 1971, it is part of American City Business Journals, which operates in 44 markets across the United States. The journal is headquartered in Houston, Texas. It provides extensive coverage of breaking business news, particularly in the energy sector and other key industries. The journal features updates on personnel changes in local businesses, publishes rankings of top companies and individuals, and offers email newsletters that deliver news directly to subscribers. Additionally, it organizes business events that promote networking among local leaders and produces an annual Book of Lists, which serves as a valuable resource for business professionals. The Houston Business Journal primarily targets influential business leaders and decision-makers in the region.
Minneapolis, United States
+1 704-375-7404
Founded: 1971