Oak Ridge Today

Ruby Tuesday restructuring to eliminate 50 positions

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Information from WYSH Radio

Ruby Tuesday announced Wednesday that it will eliminate 50 positions at its restaurant support center in Maryville.

The company, which has a restaurant in Oak Ridge, said the job cuts are in response to a cost review program on the heels of millions of dollars in reported losses during the past couple of years. The move is expected to save the company about $6 million a year beginning in 2015. [Read more…]

Trespassing at Y-12 costs U.S. government thousands of dollars, NNSA says

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There is a greater threat of trespassing at the Y-12 National Security Complex, the National Nuclear Security Administration said last week when it announced plans for a new fence that would block a traditional protest area at the plant’s main entrance.

And the costs of responding to those threats are increasing, the NNSA said.

“Responding to these illegal acts of trespassing has cost the U.S. government thousands of dollars of additional expenses above and beyond what we have to spend to protect the plant during major protests,” the NNSA said in a statement released by spokesman Steven Wyatt on Saturday. “The security-related costs required to respond to protests is very large, but we cannot discuss our specific costs.” [Read more…]

U.S. Postal Service cuts costs, ends Saturday mail delivery in August

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WASHINGTON — The United States Postal Service announced plans today to transition to a new delivery schedule during the week of Aug. 5 that includes package delivery Monday through Saturday, and mail delivery Monday through Friday. The Postal Service expects to generate cost savings of approximately $2 billion annually, once the plan is fully implemented.

“The Postal Service is advancing an important new approach to delivery that reflects the strong growth of our package business and responds to the financial realities resulting from America’s changing mailing habits,” said Patrick R. Donahoe, postmaster general and chief executive officer. “We developed this approach by working with our customers to understand their delivery needs and by identifying creative ways to generate significant cost savings.”

[Read more…]