Bing works on Detroit finances despite impending EFM

Published On: Dec 07 2012 05:09:20 PM EST   Updated On: Dec 07 2012 05:23:30 PM EST
Detroit Mayor Dave Bing news conference 1272012 1

Bing announced between 400 and 500 layoffs that will exclude revenue-generating positions. He started the paperwork and it will take about three months to go into effect.