ArcelorMittal plans mass redundancies in North Moravian plant

In related news, steel giant ArcelorMittal is to lay off 650 workers in its Ostrava plant, the firm said on Monday. The number of redundancies is higher than expected, with the firm initially saying that only office workers would be affected by the downscale. On Monday, ArcelorMittal said that it was now planning to lay off manual labourers in its North Moravian plant as well. The redundancies will take place between now and mid-March, the firm said.

Author: Rosie Johnston