Search This Blog

Showing posts with label electricity rate cuts. Show all posts
Showing posts with label electricity rate cuts. Show all posts

Saturday, July 13, 2013

Brazil's Eletrobras cuts over 4,000 jobs in buyout

Brazilian state-led electric utility Eletrobras said on Friday 4,088 employees had agreed to a buyout package aimed at cutting payrolls and slashing costs in the face of lower electricity tariffs.