FirstEnergy announced layoffs of 90 people and offered voluntary buyouts to a number of employees 55 and older.
http://archive.today/chjqL
FirstEnergy is also planning to sell its corporate headquarters building in Akron as well as regional headquarters in Brecksville OH, Greensburg PA, and Morristown NJ.
https://triblive.com/local/westmoreland/firstenergy-reevaluating-use-of-west-penns-greensburg-office/
What does it mean? With a new CEO coming on board in June from the realm of private equity, could a merger, sale, or something else be forthcoming?