Alliant pares workforce 2% in 2015

Alliant Energy (NYSE:LNT) trimmed its workforce slightly through some sort of voluntary separation during 2015, the company reported during its quarterly earnings call on Feb. 23.

Approximately 2% of total Alliant Energy employees accepted voluntary separation packages, which resulted in charges of $0.04 per share recorded in 2015.

There were 76 employees that accepted voluntary separation packages, an Alliant spokesperson said in an email reply to a GenerationHub inquiry. According to its company website, Alliant employs roughly 4,200 workers.

It also has about 1 million electric customers and 420,000 natural gas customers throughout Iowa and Wisconsin.

 

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.