http://www.investingtopix.com/retirement-news/los-angeles-takes-step-toward-layoffs-furloughs-ap/ The Los Angeles City Council voted unanimously to move forward with a plan to eliminate more than 900 positions and require thousands of employees to take furlough days as part of efforts to reduce the city's $405 million deficit. Thu, 17 Sep 2009 10:11:37 PDT en