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Entergy Plans Layoffs at Palisades, Other Facilities

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COVERT, MI (WHTC) - Officials of Entergy, the owner and operator of the Palisades nuclear power plant near Covert, say that company-wide layoffs will trim the workforce at that site, but didn’t immediately give a timetable for when the pink slips would be sent, or to how many workers would be affected. A variety of factors were given as reasons for the cutbacks, as Entergy stock values have dropped in the past year from $2.11 per share to just a dollar.

 

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