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Thursday, May 1, 2008

City of Atlanta budget crisis to force massive layoffs

More than 400 people who work for the city of Atlanta may lose their jobs under a new plan proposed by its mayor to deal with budget problems. Mayor Shirley Franklin’s plan to deal with an expected 140-million dollar shortfall calls for layoffs to begin today and go through Monday. The city may combine job cuts with a property tax increase and fee increases to make its budget.

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