OmniSource Layoffs Job Cut: fires 209 employees

The news is not good for the employees of the OmniSource Corporation, which is the leading scrap metal processing company.The organization may be going for job cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest on to add to the list is the OmniSource Organization, which may be going for layoffs.
How many employees may be fired in the OmniSource layoffs?
As per the reports, there can be around 209 layoffs by OmniSource. That includes 135 job cuts at Fort Wayne.

What is the total no. of employees of OmniSource?
The total no. of employees of OmniSource is reported to be around 2800.

What will be the cost and savings by OmniSource layoffs?
No info about that.

When will the OmniSource layoffs happen?
The layoffs were already underway on Tuesday, 12th May 2009.

Which locations and department of employees will be affected by the OmniSource layoffs ?
135 employees will be loosing their jobs at Fort Wayne.

What is the primary reasons for OmniSource layoffs?
Process Improvement and elimination of certain manual processes is said to be the main cause of the layoffs.

Any other news about OmniSource layoffs
As per JournalGazette, TSteel Dynamics Inc. bought OmniSource from the Rifkin family for $1 billion in 2007.
Let's hope that alternative jobs are available to the affected employees of OmniSource Layoffs Job Cut