Company/Organisation:
ArcelorMittal
Geographic Location
Country:
Belgium
Location of affected unit(s):
Ghent, Liège, Genk, Charleroi
Company
Sector:
Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
Number Employed:
14870
Group:
Arcelor
Employment Effects
Announcement Date:
05-12-2008
Planned Job Reductions min:
800
Planned Job Reductions max:
850
Type of Restructuring:
Internal restructuring
Employment Effect Start:
01-01-2009
Foreseen End Date:
31-12-2011
Other Job Reduction Measures:
850
Additional Information
The steel manufactuer ArcelorMittal is about to cut around 800 jobs in its Belgian plants. 14,870 workers are currently employed by the group in Belgium. The jobs concerned by the restructuring are in the administrative and commercial units. No direct dismissals will take place. The group will instead encourage dismissals on a voluntary basis and pre-retirement processes for the three years. ArcelorMittal had announced in the end of November, a major restructuring process that will concern about 9,000 employees worldwide in response to the economic slowdown.
Sources:
09-12-2008De Standaard
05-12-2008L'Echo
Sources Links:
http://www.standaard.be/Artikel/Detail.aspx?artikelId=VU23P8I6&word=arcelormittal
http://www.lalibre.be/index.php?view=article&art_id=466049