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iii iiiiiniiiiii iii <br />999 <br />announces <br />staff~.Fcuts <br />'Arco Coal Company has an= <br />riounced a work force reduction'at <br />iu Denver headquarters as a cost- <br />cuttingmeasure: '. <br />The~headqua~t~'~sstaff of'ap- <br />proximately 150: will!tie aeduced by <br />25 percent. ' ,. <br />Employees impacted will re- <br />ceive severance benefits according <br />to Tony Feinandas; president of <br />Arco Coal. ' <br />Fernandes said, "We are taking <br />those steps necessary to reduce our <br />cost structure'in an effott w remain <br />competitive for tha long.term:" <br />Arco Coal, a lading producer <br />and marketer of liigii=quality coals, <br />employs 1,700 people' worldwide, <br />including about 220 at irs. West Elk ! <br />Mine at Somerset <br />is one oE,the°laigestcdal'pio- <br />~ dbs~rs in tt+e:"llni4edtg~ates ~dyc, <br />A tralia.. .~ 1 <br />~, <br />~~ <br />y <br />~ rY'. <br />