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Job Cuts Coming: DP&L And Parent Company Announce Global Restructuring

Dayton Power & Light DP&L
DP&L (Linkedin)

Dayton Power and Light and parent company AES Corporation have announced more than 150 employees will be cut in Indiana and Ohio. The cuts, which are part of a restructuring plan announced Tuesday, are expected to take place over the next few weeks.

As part of the restructuring, officials say at least 100 workers from Indianapolis Power and Light will be cut. Another 60 employees in Ohio will lose their jobs, though it’s unclear exactly how many employees will be from the Dayton-area.

 

Mary Ann Cable with DP&L says decisions like this are never easy.

“These are transitions that are intended to enable DP&L, as well as other AES companies - since this is a global transformation - to continue providing our quality service, make those investments that we need, and to optimize ourselves for the future,” she says.

The restructuring plan also calls for executive staffing changes.

 

DP&L CEO Tom Raga, will move to the position of executive vice president of DP&L’s holding company - DPL Inc. Current Chief Financial Officer for IPL and DP&L, Craig Jackson, will assume Raga’s position.

 

AES Corporation, which purchased DP&L in 2011, is a “Fortune 200” global company operating worldwide.

 

Officials say the restructuring in Indianapolis and Ohio is part of a larger planthat has already lowered the company’s so-called “geographic footprint” from 28 countries down to 16.

Jerry began volunteering at WYSO in 1991 and hosting Sunday night's Alpha Rhythms in 1992. He joined the YSO staff in 2007 as Morning Edition Host, then All Things Considered. He's hosted Sunday morning's WYSO Weekend since 2008 and produced several radio dramas and specials . In 2009 Jerry received the Best Feature award from Public Radio News Directors Inc., and was named the 2023 winner of the Ohio Associated Press Media Editors Best Anchor/News Host award. His current, heart-felt projects include the occasional series Bulletin Board Diaries, which focuses on local, old-school advertisers and small business owners. He has also returned as the co-host Alpha Rhythms.