Saturday, January 17, 2009

Downsizing deals - Severstal Warren layoffs total about 300


It is reported that about 300 steel workers at the OAO SeverStal Warren mill began a temporary layoff last Monday with the total expected to reach 500.

Mr Gary Steinbeck director of the USW sub district office in Niles said that the company didn't give a timetable when the furloughs might peak. He said that ''Some people are using vacation time. They'll go into layoff as they come off vacation.''

Mr Steinbeck previously said that 100 of workers will remain on the job to do maintenance and other jobs.

A top executive said earlier this month that the number of laid off workers could change but would be substantial. About 100 salaried workers also were expected to be idled. The mill then known as WCI Steel had a total work force of about 1,200 when Russia based OAO SeverStal bought it in July.

Severstal is cutting staffing and production throughout its global operations as it tries to adjust to plunging orders during a worldwide economic meltdown.

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