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 09:55 2017 Wednesday ,19 April

Filipino president arrives in Saudi

GMT 12:47 2017 Sunday ,06 August

Hend Saeed Saleh reveals secrets of his father

GMT 01:49 2016 Wednesday ,15 June

Swedish SAS pilots agree to end strike

GMT 13:52 2018 Tuesday ,09 January

Berri, Richard tackle current situation

GMT 07:24 2017 Sunday ,24 December

Nelson Mandela, anti-apartheid icon, dies at 95

GMT 15:16 2017 Sunday ,17 September

Four killed in market explosion in Afghanistan

GMT 23:03 2017 Wednesday ,06 December

FNC Speaker receives President of Nepal

GMT 05:41 2017 Tuesday ,29 August

Kenya bans plastic bags in bid to fight pollution

GMT 05:00 2017 Wednesday ,06 September

War-divided Syrians unite over football spot

GMT 01:07 2016 Tuesday ,30 August

China reviews inbound investment laws

GMT 02:32 2017 Thursday ,11 May

Own a business in Oman? Haya Water warns traders

GMT 23:07 2017 Thursday ,16 November

Jordan condemns terrorist attack in New York

GMT 16:16 2013 Monday ,15 April

Fewer Americans view their income taxes as fair
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 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

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