Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Aluminum Giant Alcoa to Lay Off 13,500

Pittsburgh company slashes 13% of its work force

By the Associated Press

Posted Jan 6, 2009 8:58 PM CST

(AP) – Alcoa, the world's third-largest aluminum maker, said today it will cut 13,500 jobs—13% of its work force—and slash spending and output to cope with the global economic slowdown. The reductions expand on cost-cutting measures announced in October, when the Pittsburgh-based company reported...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
There are no comments
A snapshot of the day's best news stories.
 

More Newser Stories

Home Depot Hacks 7K Jobs

BofA Will Lay Off 35K

Bahrain Arm Accuses Alcoa of Corruption

Alcan Steels Itself Against Alcoa Bid

Aluminum Giant Makes Play for Rival


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment