THE REDUCTION 1130141368938792
12/09/2004 3:00 AM
10/24/2005 4:09 AM
Progress Energy, below, says it will offer early retirement to about 3,500 of 15,300 employees in the Carolinas and Florida.
* That's about 23 percent of its work force.
* Employees age 50 and older with five or more years at the company as of Ma
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