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WVILLE PINK SLIPS - update - 05/17/13 11:46 S.S.

DUE  TO  ESCALATING  PENSION  COSTS,  AND  A  1.4  MILLION  DOLLAR  DEFICIT,  THE  CITY  OF  WATSONVILLE  HANDED  OUT  PINK  SLIPS  YESTERDAY TO  A  NUMBER  OF  EMPLOYEES.    REPORTEDLY  CITY  LEADERS  ARE LOOKING  FOR  EMPLOYEE  CONCESSIONS  ON  THEIR  PENSION  PACKAGES….AND  THAT’S  WHY  POLICE  OFFICERSFIREFIGHTERS,  AND  SOME  CLERICAL  AND  ADMINISTRATIVE  WORKERS RECEIVED  THE  LAY-OFF  NOTICES.

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