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ArcelorMittal to cut up to 9,000 jobs

BRUSSELS, Nov. 27, 2008 (Reuters) — 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. ...  > full story

SEC asked Buffett's Berkshire for derivative data

NEW YORK, Nov. 21, 2008 (Reuters) — Warren Buffett's Berkshire Hathaway Inc provided details to the U.S. Securities and Exchange Commission on how it values what has so far been a money-losing $37.04 billion derivatives bet, after the regulator asked for better disclosure. ...  > full story

GM dismisses Opel overture

BERLIN/FRANKFURT, Nov. 19, 2008 (Reuters) — General Motors dismissed a surprise overture for its cash-strapped German unit on Wednesday as calls mounted for European governments to come to the aid of automakers hit by the global financial crisis. ...  > full story
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Related Articles

  • Union and ArcelorMittal Agreement Saves Hundreds of Jobs
    Nov. 27, 2008 (Inside Indiana Business) — The United Steelworkers and steel producer ArcelorMittal have reached a deal that greatly reduces the number of anticipated layoffs at the ...
  • ArcelorMittal to cut 9,000 jobs
    Nov. 27, 2008 (Rediff) — The world's largest steel producer ArcelorMittal on Thursday said it will trim its workforce by up to 9,000 by offering a voluntary separation ...
  • AcelorMittal to cut 9,000 jobs
    Nov. 27, 2008 (International Herald Tribune) — ArcelorMittal, the world's largest steelmaker, said Thursday it may cut as many as 9,000 jobs, or 3 percent of its global workforce after reducing ...
  • PRESS RELEASE: ArcelorMittal Launches Voluntary Separation Programmes
    Nov. 27, 2008 (Morningstar) — ArcelorMittal is today meeting with its European Works Council to present voluntary separation programmes to be launched across the group. This is ...

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