To reduce costs, Broadhead reengineer the firm’s budgeting and procurement procedures, flattened the organization, and reduced headcount by 30%; FPL eliminated 2,300 positions in 1991 (at an after-tax cost of $56 million) and another 1,700 positions in 1993 (at an after-tax cost of $85 million). These efficiency gains lowered operating and maintenance expense from 1.82¢ per kilowatt-hour (kWh) to 1.61¢ between 1990 and 1993.”