01/19/2011 05:12 am ET | Updated May 25, 2011

City To Cut More Than 10,000 Jobs

Mayor Bloomberg announced plans on Thursday to lay off thousands of city workers, in one of the most visible signs yet of the recession's toll. In presenting their annual November budget update, mayoral aides noted that a total of 6,201 city employees would be laid off in between the current and following fiscal year (which starts next July) and that another 4,165 jobs would be lost through attrition.

Read more on WNYC