Severstal Layoffs Job Cut: may fire 3000 employees

The news is not good for the employees of the Severstal as the organization may be going for job cuts. There were some news and rumors in January about a possible Severstal Layoffs Job Cut and there are some unfortunate developments on the same. 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.
How many employees may be fired in the Severstal layoffs?
As per the reports, there can be around 3000 layoffs by Severstal.

What is the total no. of employees of Severstal?
The total no. of employees of Severstal is not known as of now.

What will be the cost and savings by Severstal layoffs?
No info about the savings to be made.

When will the Severstal layoffs happen?
No conrete information is available about the dates.

Which locations and department of employees will be affected by the Severstal layoffs ?
The 2 steel plants at Wheeling and Warren, Ohio will be idling and hence these are the locations where the employees will get affected.

What is the primary reasons for Severstal layoffs?
Cost Cutting, Consolidation are the main reasons behind the layoffs.

Any other news about Severstal layoffs
As per WVMetroNews, Only the company's coke plant in Follansbee in Brooke County will continue to operate in the short term.
Let's hope that alternative jobs are available to the affected employees of Severstal Layoffs Job Cut