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ArcelorMittal, the world's largest steelmaker, unveiled plans to slash up to 9,000 more jobs.
Friday, November 28, 2008 ibnlive.in.com
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Business
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Brussels: ArcelorMittal, the world's largest steelmaker, unveiled plans on Thursday to slash up to 9,000 more jobs, saving $1 billion a year in response to a deepening global economic downturn.
The company said it would launch a voluntary redundancy scheme for largely white collar staff to make the cuts, which which could affect about 3 per cent of its workforce.
Up to 6,000 of the job losses w
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