Labor & Economic News Blog
Tuesday, December 19, 2006
Mittal seeks Point layoffs
Mittal seeks Point layoffs5-week leaves mark third offer since Oct. as steelmaker scales back to fit demandNetherlands-based Mittal Steel Co. NV is offering workers at Sparrows Point another round of five-week layoffs, a sign that the world's largest steelmaker doesn't expect the industrywide slowdown to recover immediately in the new year.
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