Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.52 - Casting of steel
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
ArcelorMittal, the world giant in the steel making sector, has announced up to 9,000 job cuts (approximately 3% of the total global workforce) in order to reduce operation costs. Employees in administration will be the most affected by the restructuring. The process will be run in close collaboration with stakeholders and in accordance with the appropriate social considerations of the respective countries involved. ArcelorMittal currently employs over 326,000 people in more than 60 countries.