Friday, June 6, 2008

Port Faces Layoffs; Trib Aims for Youth Demographic

By Chris Thompson
Fri, Jun 6, 2008 at 8:29 AM

The Trib reports that the Port of Oakland, which faces an $18 million deficit, may have to lay off as many as 80 employees in the next few months. Apparently, the closing of numerous airline operations, high fuel costs, and a decline in imports have left the port with a cash flow problem, even as its debt-service payments remain steep and unforgiving. Meanwhile, the Trib tries to sex up this story with the headline, "Port of Oakland might off 70 to 80 workers." Off? Since when did we suddenly start reading Soldier of Fortune?

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