ArcelorMittal vows no more job cuts till June: EU
- Published: 20 Feb 2013 at 00.43
- Online news: World
ArcelorMittal on Tuesday pledged to suspend closures and job cuts in Europe pending the launch of a pan-Europe plan in June to save the struggling steel industry, the European Commission said Tuesday.
An ArcelorMittal worker holds a flare among other ArcelorMittal workers during a demonstration called by French CGT trade union on February 13, 2013 in Metz, eastern France. ArcelorMittal on Tuesday pledged to suspend closures and job cuts in Europe pending the launch of a pan-Europe plan in June to save the industry.
EU Industry Commissioner Antonio Tajani quoted a letter from the global steel giant as saying "there will be no more cuts" at its plants in Europe that employ 98,000 people until the launch of the plan.
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