Steel Mills
November 12, 2019
U.S. Steel Cuts Non-Union Jobs as Part of Restructuring
Written by Sandy Williams
U.S. Steel initiated layoffs for some of its non-union staff on Friday, citing challenging market conditions requiring a leaner and more efficient organization.
The layoffs are related to restructuring plans that were announced in early October. “While market headwinds persist, we continue to focus on what we can control, including re-scoping our asset revitalization investments and reducing fixed costs,” said President and CEO David Burritt in the company’s third-quarter earnings release.
