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NYC Said to Be Firing Thousands of Workers to Close Budget Gap

New York City will fire thousands of workers to save $1.5 billion while facing a projected $3.3 billion budget deficit in the next fiscal year, said a city official familiar with the plan who requested anonymity because it hasn’t been made public.

Stephen Goldsmith, Mayor Michael Bloomberg’s deputy for operations, has scheduled a briefing today to disclose how many workers will be fired in each city agency, the official said. The city, which has projected a $65 billion budget next year, employs more than 300,000 workers.