Termoelectrica to lay off another 200 in October

State-run electricity supplier, Termoelectrica said it could lay off another 200 people, adding to the 300 the company had already let go in April.“We’re talking with the trade unions now. We might axe another 200 jobs, apart from the already 300 cut in April”, said Constantin Ioanitescu, chief executive of the company.For the time being, Termoelectrica has a workforce of 2,000 people.The power supplier recorded loss of 295.2 million lei loss in 2009, due to penalties for loans taken ...

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