Arcelor Mittal

Type
Internal restructuring
Country
Czechia
Region
Česko; Moravskoslezsko; Moravskoslezský kraj
Location of affected unit(s)
Ostrava
Sector
Manufacturing
(24 - 25) Manufacture of metals
24.5 - Casting of metals
24.52 - Casting of steel
880 jobs
Number of planned job losses
Job loss
Announcement Date
3 March 2009
Employment effect (start)
Foreseen end date
31 March 2009

Description

ArcelorMittal, a subsidiary of the world's largest steel company, has announced 550 job losses at its site in Ostrava between January and February 2009 due to the economic crisis. The company now employs 6,900 people at its Ostrava site and plans to cut a further 330 jobs by the end of March 2009.

Sources

  • 3 March 2009: Hospodárske noviny

Citation

Eurofound (2009), Arcelor Mittal, Internal restructuring in Czechia, factsheet number 68414, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68414.