Low revenue prompts Port of Coos Bay layoffs

Low revenue prompts Port of Coos Bay layoffs

Dissapointing marina revenue led to recent layoffs at the Oregon International Port of Coos Bay.

The changes reduce the port’s full-time employees from 25 to 22.

The port’s annual budget is about $2.9 million. One-third of that comes from property taxes, and two-thirds comes from revenues.

Read more at The World.

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