Port of Deadwood
By John R. McLaurin
February 8, 2010
The Port of Los Angeles is not only swimming against the tide with regard to depressed cargo volumes and port revenues, it is also about to be penalized by the City of Los Angeles for its inability to balance its budget.
The Port dutifully followed the Mayor’s “Shared Sacrifice” initiative by leaving multiple staff positions unfilled and encouraging early retirement by dozens of employees – all in an effort to reduce costs. In return, the Port is about to become the dumping ground for dozens upon dozens of city employees, adding millions of unanticipated costs because of the LA City Council’s unwillingness to cut back 1,500 positions as part of an effort to reduce the City’s half a billion dollar budget deficit.
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