Who’s KKR going to whack from TXU?

You don’t make promises like this:

As a result of this transaction, TXU Energy will provide more than $300 million in annual savings through a 10 percent price reduction for residential customers in its traditional service area who have not already selected one of TXU Energy’s other lower-priced offers. Customers will begin receiving a 6 percent reduction in approximately 30 days and an additional 4 percent reduction at the close of the transaction. This will strengthen TXU Energy’s position as having the lowest prices among the major providers in their traditional markets.

without doing some major slash-and-burn on jobs.

And KKR has done that before.