State Watchdog Slams Israel Electric Corporation Over Bloated Payroll

Report chronicling IEC's waste released as labor unions come under fire for failing to fix storm damage that left tens of thousands of homes without power for days.

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Israel Electric Corporation spent as much as 6 billion shekels ($1.5 billion) between 2008 and 2013 on salaries and benefits for employees it didn’t need, State Comptroller Joseph Shapira said in a damning...