AUSTIN-In a reorganization strategy, Southern Union Co., the Austin-based energy company will cut jobs and move some functions out of its Austin headquarters.

The company will cut 48 jobs in its corporate division and make early retirement offers to 400 employees across its operating divisions. In decentralizing its corporate division, the company will transfer some duties from its Austin and Kansas City offices to offices in Texas, Missouri, Pennsylvania and New England.

A prepared announcement on the reorganization did not address whether Southern Union would reduce its office space or make other real estate adjustments. Company representatives were not available to speak to that this morning.

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