In the regulatory conflict between Tony’s Hydro (formerly Toronto Hydro) and the Ontario Energy Board, one the strategies rogue CEO Anthony Haines is using to inflame the conflict is to harm the utility with unplanned downsizing. Here are the job descriptions that I have found Tony whacking so far:
(prescript note as of 6 am Feb. 17: Several press reports published following this original post indicate that 460 workers have been offered severance but that the utility expects 280 to accept. This significant element of the utility’s plan is not reported below but has material impact. Note as of 6:45 am: The severance packages …
At 1 pm this afternoon, Tony’s Hydro (formerly Toronto Hydro), under the leadership of rogue CEO Anthony Haines, Canada’s highest paid municipal employee, will announce an initiative to package off 450 unionized staff members. The unplanned downsizing at Tony’s Hydro is now reaching the stage where routine utility operations such as storm recovery, new customer …