Millions of Jobs cut around the world
LONDON (MarketWatch) -- Steel maker ArcelorMittal said Thursday that it is targeting up to 9,000 voluntary redundancies as part of its plan to cut expenditure by $1 billion. The firm said it is meeting with its European Works Council to present the plans Thursday. The focus is mainly on non-production employees and represents around 3% of the total workforce, the group said. "The global economic reality means that it is only sensible to adopt such measures," said Bernard Fontana, the executive vice president in charge of human resources.
You ask why does Alstry provide you with the similar facts over and over???? Because it is NOT the same facts.....it is facts piled upon facts.....as you are being told things are getting better.
As a matter of FACT...conditions are spiraling downward at an accellerating rate.