The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
1,700 jobs Number of planned job losses
Announcement Date
10 March 2009
Employment effect (start)
1 April 2009
Foreseen end date
31 December 2009
Description
The steel manufacturer, ArcelorMittal, is to make redundant 1,700 employees from its large plant in Liege, Belgium. This area contains the blast furnaces of the company. The redundancies are part of an internal restructuring plan. The company employs 4,200 employees currently, and so the workforce will be reduced to 2,800. Three hundred temporary workers are also understood to have recently been let go.
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