Ameren Corp. (AEE) said Friday that, through a combination of voluntary and involuntary separation programs, it will have eliminated about 300 positions with substantially all employees separated from the company by December 31.
This represents a reduction of about 3% of the company's about 9,700 total employees.
To cover the cost of these programs, Ameren recorded a pretax charge to earnings of $17.5 million during the third quarter ended Sept. 30, 2009, as reflected in the earnings release distributed on Oct. 30.
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