El Paso Corp. Cuts 45 workers in Colorado Springs


Colorado Springs, Colo. (ap) _ The Gazette reports that El Paso Corp. is laying off 45 of the nearly 500 employees at its western regional office in Colorado Springs as part of cost-cutting measures.

The layoffs Tuesday were part of an initiative designed to save $150 million in 2009 and 2010.

Company spokesman Richard Wheatley says the Houston-based natural gas pipeline firm is laying off 300 of its more than 5,000 employees in the reorganization.

Iinformation from: The Gazette, http://www.gazette.com