Alcoa

Job Cuts Announced by Alcoa


Alcoa (AAI), the third largest producer of aluminium followed by Rio Tinto (RIO), Alcan and Rusal has announced that it will reduce its global workforce by 13%, or about 13,500 positions, by the end of this year through targeted job cuts, curtailments and plant closures and consolidations. The company also said it will eliminate an additional 1,700 contractor jobs and that it has instituted a global salary and hiring freeze.

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