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European steelmaker to lay off 2500 in Indiana




By EmploymentCrossing

http://www.EmploymentCrossing.com

ArcelorMittal, the world's largest steelmaker, may cut 2,444 jobs at a steel plant in northwestern Indiana in January.

 

The company informed the United Steelworkers and other interested parties of the possibility of an indefinite layoff at its Burns Harbor plant in the second half of January.

 

The recent drop in global steel production factored into the decision. Also, the company had previously announced plans to reduce production in North American by 40 percent.

 

Luxembourg-based ArcelorMittal, which operates 21 plants in the United States, employs more than 320,000 people in over 60 countries.

 

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