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LAYOFFS

Army to Cut 8.6 Percent of Troops

Releasing 50,000 soldiers over five years.

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Apparently even the U.S. Army is laying off people. Starting in March, it will cut 50,000 troops, or 8.6 percent of its force, over five years, according to Lt. Gen. Thomas P. Bostick. The cuts will bring the total force to 520,400 active-duty soldiers by October 2016. Bostick told the Army Times that demand in Iraq and Afghanistan is diminishing, and the military must manage a drawdown anyway. Most of the cuts will come through retirements, buyouts, and voluntary and involuntary separations.

Read it at Army Times

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