TVA eliminates 2,000 jobs as part of $500 million cost-cutting campaign

photo TVA is cutting its workforce by about 2,000 jobs this year as part of its ongoing effort to trim $500 million a year in operating expenses.

BY THE NUMBERS• 2,000-plus: Number of jobs being cut at TVA• 12,612: Number of TVA employees at the start of fiscal 2014• $182 million: Reduction in operating costs this year by TVA• $500 million: Planned reduction in operating expenses in fiscal 2015 compared with 2013• $3 billion: Planned capital spending next year to build combined-cycle coal plants in Kentucky and Tennessee, to install scrubbers at the Gallatin coal plant near Nashville and to finish Unit 2 at the Watts Bar Nuclear Plant• $1.2