Friday Must Read: Oakland to Lay Off 200 Employees; PG&E Diverted $100 Million in Safety Funds for Profits

Stories you shouldn’t miss:

1. As expected, the City of Oakland plans to lay off about two hundred employees because of the state Supreme Court ruling that upheld Governor Jerry decision to kill redevelopment in California, the Chron and Trib report. However, because of union seniority and contract rules, the city actually plans to send out about 1,500 lay off notices in total. The large number of notices will give the city the flexibility to decide which departments to eliminate and who should be laid off, city officials said. The only departments that will be exempted from layoffs are police and fire. City Administrator Deanna Santana also hopes to renegotiate some public-employee contracts in order to reduce the number of layoffs.

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