Tuesday, January 27, 2015

Company follows through on Obama victory layoff pledge - CNBC

Murray Energy said before the presidential election that if President Obama was re-elected, it would be forced to reduce its workforce.

Just days after Obama's victory, the Ohio-based coal company is following through by cutting 150 jobs from its 3,500-strong payroll. The Obama administration has been perceived as anti-coal, and the United Mine Workers of America did not endorse him, although it did congratulate him in a very brief statement.

Read the entire story on CNBC.com.

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