Friday 15 May 2009

ArcelorMittal Layoffs Job Cut: fires 1000 employees at Indiana

The news is not good for the employees of the ArcelorMittal, which is the largest steel maker company of the world. In the past, we had reported about the ArcelorMittal Layoffs Job Cut: closes Cleveland plant, fires 700 and ArcelorMittal Layoffs Job Cut: fires 1550 employees. 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 ArcelorMittal Organization, which may be going for layoffs. ArcelorMittal Logo
How many employees may be fired in the ArcelorMittal layoffs?
As per the reports, there can be around 1000 layoffs by ArcelorMittal.

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

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

When will the ArcelorMittal layoffs happen?
The layoffs will being on July 12, 2009.

Which locations and department of employees will be affected by the ArcelorMittal layoffs ?
Indiana Harbor plant will be the location which will get affected. Furnances No. 4 at the west side of the plants are closed so those employees will be affected the worst.

What is the primary reasons for ArcelorMittal layoffs?
Slump in global economy, falling demand, and no outlook for revival are the main reasons for layoffs.

Any other news about ArcelorMittal layoffs
As per Post Tribune, Workers will be laid off "for an indefinite period of time during the 14-day period commencing on July 12, 2009,"
Let's hope that alternative jobs are available to the affected employees of ArcelorMittal Layoffs Job Cut

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