Coal company warns of mass layoffs

Coal company warns of mass layoffs
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Murray Energy Corp. says it might lay off up to 82 percent of its workforce in September, due in part to President ObamaBarack Hussein ObamaThe bully who pulls the levers of Trump's mind never learns US-China space cooperation is up in the air more than ever GOP infighting takes stupid to a whole new level MORE.

Murray Energy, owned by outspoken executive and Donald TrumpDonald TrumpGOP grapples with chaotic Senate primary in Pennsylvania ​​Trump social media startup receives commitment of billion from unidentified 'diverse group' of investors Iran thinks it has the upper hand in Vienna — here's why it doesn't MORE supporter Bob Murray, said the potential layoffs would affect 4,400 employees in six states. Murray said this week that his company has 5,356 workers, according to SNL Financial.

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“These workforce reductions are due to the ongoing destruction of the United States coal industry by President Barack Obama, and his supporters, and the increased utilization of natural gas to generate electricity,” the company said in a Friday statement.

“Murray Energy hopes and expects to continue operating its mines, and will retain as many employees as practicable to ensure continued operation and to fulfill its obligations to its customers.”

The warnings came three days after miners in the United Mine Workers of America rejected the latest proposal for a new contract from Murray Energy and other unionized coal companies.

The coal industry employs fewer than 60,000 people, compared with the more than 80,000 jobs in 2008.

Murray has been an outspoken critic of Obama and his policies that hurt coal, calling him “the greatest destroyer America has ever had.” The company frequently files lawsuits against the Obama administration for its environmental regulations.

He predicted that Trump “will be the best president of our lifetimes.”

“You are being denied the right to work with honor and dignity," Murray said at a recent Trump event.

The Friday warnings do not necessarily mean Murray Energy will go ahead with all of the layoffs. They were made to comply with a federal law requiring advanced notice of mass layoffs.

Murray Energy is the largest privately held coal company in the country.