Exelon Corp, a leader in the energy field and fortune 100 company, has top level executives scrambling. Sunday evening, the AP received word that after a massive acquisition last year of PEPCO, Exelon stock has been declining.
The CEO of Exelon resigned earlier today, and many more resignations are expected. A full scale-back within the company is on the current agenda, with most mid-level employees expected to be the brunt of these layoffs. The entire Maryland office expected to fold, considering the small size of their office.
Stay tuned for more information as we continually update on this.
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