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.
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

ArcelorMittal Layoffs Job Cut: closes Cleveland plant, fires 700 employees

The news is not good for the employees of ArcelorMittal. The steel company is adding more numbers to the already announced layoffs. This time, the affected employees are those employes at the Cleveland Site in Ohio. We had published reports recently about the ArcelorMittal Layoffs Job Cuts in December 2008 and in in November 2008. The recession is taking a toll on all sectors and even the book companies are feeling the heat. The latest additon to the list of organization which may go for layoffs is the ArcelorMittal.

How many employees may be fired in the ArcelorMittal layoffs?
There will be around 700 layoffs, as per the reports that have come.

What is the total no. of employees of ArcelorMittal?
Total No. of employees of ArcelorMittal is not known as of now. However, it is learnt that there are around 1000 employees at the Cleveland plant, of which 700 will be fired and around 250 will be retained for environmental protection tasks and maintenance of the mill and finishing plant.

Which locations will be affected by the ArcelorMittal layoffs?
This time, its the Cleveland Site in Ohio.

Which departments or business section will be affected by the ArcelorMittal layoffs?
No information about that, but since a plant is getting closed, it appears that each of the departments will be affected.

How much savings can be made by the company from the layoffs?
No details available about that.

What is the primary reasons for ArcelorMittal layoffs?
Company is quoting the reason that economic conditions had foreshadowed the potential for more cuts.

Any other news about ArcelorMittal layoffs
As per IndiaTimes, About 450 of the roughly 1,400 members of the United Steelworkers of America Local 979 already have been laid off in the past three months, Local 979 vice president Dan Boone said.
Let's hope that alternative jobs are available to the affected employees of ArcelorMittal Layoffs Job Cut

ArcelorMittal Layoffs Job Cut: fires 1550 employees

The economic situation is worsening in multiple sectors and that includes the big giants equally within each industry sector. We had reported last month about the ArcelorMittal Lay off Job Cut and now the company has decided to add to the list of layoffs - another 1550 employees may be fired in European countries.

How many employees will be fired in the ArcelorMittal Layoffs Job Cut?
Around 1550 employees will be fired in the layoffs.

Which locations will see the ArcelorMittal Layoffs Job Cut
The layoffs will happen in Germany and Belgium.
Around 750 jobs (450 in Bremen and 300 in Eisenhttenstadt) will be cut in Germany. While in Belgium, a voluntary separation programme for 800 employees is planned.

What are the primary reasons for the ArcelorMittal Layoffs Job Cut
Same old story, economic downturn, financial crisis and low demands.

As per the news, The L N Mittal-led company said that the jobs of another 450 employees at its Bremen unit and 300 at the other German plant would be affected temporarily. However, they will not have to leave the company but will have reduced working hours and can apply for part-time work at the units where they are working now, Langner said.

Will there be any ArcelorMittal Layoffs Job Cut in India?
The company did not say anything about the job cuts in India.

Langner said the company is enforcing semi-retirement plans, reduced working hours and part-time work to beat the recessionary trends globally.
The company has cut output by as much as 35%. ArcelorMittal produced about 116 million tonnes and clocked a revenue of USD 105.2 billion last fiscal.

Let's hope that alternative jobs are available to the affected employees of ArcelorMittal Layoffs Job Cut.

ArcelorMittal Lay off Job Cut: may fire 2444 employees

The bad news of layoffs have started coming in from all corners of the world. THe latest one to add to the list is from the biggest steel company of the world called ArcelorMittal which is reported that there is a big possibility that it may have to cut the workforce by around 2500 employees. It may go for the Lay off or job cut very soon. .

The company has reported that around 2,444 employees at its Burns Harbor plant in the U.S. could be laid off indefinitely in January.

How many employees will be affected due to the ArcelorMittal Lay off Job Cut?
Arouond 2444 employees will be affected if ArcelorMittal goes for a Lay off Job Cut.

Which plant location will the ArcelorMittal Lay off Job Cut happen?
The Job cut might happen at Burns Harbor plant in Indiana in the U.S.

When will will the ArcelorMittal Lay off Job Cut happen (date)?
The lay offs will start in January 2009, which will mean a very bad start to the New Year for the affected employees, if any.

What has led to the ArcelorMittal Lay off Job Cut?
Same old reasons are being cited by the management- Global recession, drop in demand of steel, drop in steel prices, and so on. Ultimately, all it means that job cuts will be there.

Any other updates for ArcelorMittal Lay off Job Cut ?
As per the news, The release said the company had notified the United Steelworkers and other stakeholders "about the potential for an indefinite layoff" of employees at the facility beginning in the second half of January.

"Potential work force reductions are a direct result of the extraordinary economic environment we are facing, and the company hopes to return workers to their jobs as market conditions warrant," the release said, the Web site reported.
Jim Robinson, director of United Steelworkers District 7, said the union is negotiating with ArcelorMittal to minimize the number of layoffs, the Web site reported.

Let's hope that alternative jobs are available to the affected employees of ArcelorMittal Lay off Job Cut.