FirstEnergy Corp. (FE) announced internal organizational changes aimed at aligning with its new business model. These changes focus on increasing efficiency and sustainability, with an emphasis on placing responsibility closer to customers, employees, and regulators.
The company disclosed in a regulatory filing that the changes are also consistent with the Company's focus on operations and maintenance expense discipline. The organizational changes will result in approximately two hundred employees being reassigned and the Company reducing its workforce by less than three percent.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.