April 7, 2009 - Central Maine Power Company has notified the union representing some 700 workers at the state’s largest utility that they plan to lay off over 100 workers in order to boost their profit margin from 9% up to 11%. This comes less than a month after most of the union members ratified a contract set to run for another four years, and right on the heels of approval to use stimulus funds to replace 141 meter employees with automated meter infrastructure.
Business Manager Tony Sapienza