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U. S. Steel Is Letting Go of One-Fourth of its Nonunion Workforce in U.S.
04/06/2016 - United States Steel Corporation is cutting 25 percent of its nonunion payroll in the U.S., the steelmaker has confirmed.
“This is part of the ongoing adjustment to staff levels and operations due to challenging market conditions, including fluctuating oil prices, reduced rig counts, depressed steel prices and unfairly traded imports,” the company said in a statement.
It declined to say how many jobs are being lost.
However, a report in the Pittsburgh Post-Gazette newspaper suggests that approximately 750 jobs could be affected.
But that number doesn’t include jobs that also are being eliminated through a restructuring of European operations, which employs 12,200, mostly at its mill in Slovakia, reports the (Pittsburgh) Tribune-Review newspaper.
It declined to say how many jobs are being lost.
However, a report in the Pittsburgh Post-Gazette newspaper suggests that approximately 750 jobs could be affected.
But that number doesn’t include jobs that also are being eliminated through a restructuring of European operations, which employs 12,200, mostly at its mill in Slovakia, reports the (Pittsburgh) Tribune-Review newspaper.
