US Steel Laying Off Thousands Of Employees, Reducing Operations

The corporation is reporting a $391 million loss in the first quarter

Paul Rasmussen
May 01, 2020 - 10:27 am

Joe DeStio

PITTSBURGH (Newsradio 1020 KDKA) - US Steel is laying off thousands of employees and reducing operations after reporting a $391 million loss in the first quarter.

Layoff notices were sent to 6,500 employees, but not all of them will be laid off.

A blast furnace at Edgar Thomson plant will be idled, the Irwin facility will operate at reduced levels and coking times will be slowed at the Clairton works.

___
Listen to KDKA Radio on the RADIO.COM App
Tell your smart speaker to "play News Radio 10 20 KDKA"

Receive email updates from KDKA Radio
Follow KDKA Radio: Facebook | Twitter | Instagram