arcelormittal to cut 630 jobs at czech
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

ArcelorMittal to cut 630 jobs at Czech

Arab Today, arab today

Arab Today, arab today ArcelorMittal to cut 630 jobs at Czech

Prague - AFP

Global steel conglomerate ArcelorMittal has confirmed it will cut 630 of the 6,000 jobs at its Czech plant in the western city of Ostrava to boost competitiveness. ArcelorMittal received 700 requests under the voluntary redundancy programme offering employees the equivalent of 11 to 24 months' salary depending on seniority as part of a compensation package. "The number of 630 is not definitive, the process is still underway. The plan covers both blue and white collar workers of all ages," ArcelorMittal Ostrava spokeswoman Vera Breiova told AFP Tuesday. The Czech branch of the company already shed 1,200 jobs in 2009. The first voluntary lay-offs are to take effect on January 31. Tougher economic times in Europe appear to have dictated the company's decision. Breiova told AFP it was taken as "part of efforts to improve worker productivity. "Considering the uncertain situation currently dominating the European steel market, the company must be competitive," she added. Meanwhile, Vitezslav Prak, a local trade union official at the plant has signalled unions will be seeking wage hikes for remaining employees.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

arcelormittal to cut 630 jobs at czech arcelormittal to cut 630 jobs at czech

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

arcelormittal to cut 630 jobs at czech arcelormittal to cut 630 jobs at czech

 



GMT 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 09:00 2018 Wednesday ,12 December

May tours Europe in desperate bid to save Brexit deal

GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 09:12 2018 Wednesday ,12 December

Ford trains 1,600 motorists in Mideast, Africa in 2018

GMT 10:03 2018 Monday ,10 December

23 Palestinians arrested in West Bank

GMT 09:47 2018 Monday ,10 December

Russian ex-policeman convicted over 56 murders

GMT 19:01 2018 Thursday ,04 October

LEAD S. Korean firms offer aid for quake-hit Indonesia

GMT 11:02 2018 Tuesday ,11 December

ASE opens trading on lower note

GMT 14:08 2018 Friday ,14 December

Bank of Russia raises key rate

GMT 17:37 2017 Thursday ,04 May

Heba Rosas reveals foods that improve mood

GMT 05:35 2017 Thursday ,23 March

ECB: Protectionism may raise trade deficits
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday