From the NY Post:
The Bloomberg administration is studying a plan to demote scores of police sergeants to rank-and-file cops to save money, The Post has learned.
City budget officials have started to crunch the numbers at Deputy Mayor Stephen Goldsmith's behest, analyzing how much would be saved by demoting newly promoted sergeants, said a high-ranking City Hall official.
The city vehemently denied it was even contemplating the move. "That's totally untrue," said mayoral spokesman Jason Post.
Goldsmith, the former mayor of Indianapolis, has vowed to streamline the city's workforce. Last week he demoted 100 sanitation supervisors in an effort to increase the number of front-line sanitation workers.