06
Apr
20:15
US Steel to trim 25% of non-represented employees
US Steel plans to cut a quarter of its salaried workforce as part of its restructuring efforts, Kallanish learns from company spokeswoman Sarah Cassella. The numbers involved have not yet been revealed.
“This is part of the ongoing adjustment to staff levels and operations due to challenging market conditions, including fluctuating oil prices, reduced rig counts, depressed steel prices and unfairly traded imports,” Cassella says.
US Steel is in th…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous