U.S. Steel says to lay off 1,545 workers in Michigan

United States News News

U.S. Steel says to lay off 1,545 workers in Michigan
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

United States Steel Corp plans to lay off as many as 1,545 workers at its Great ...

FILE PHOTO: An entrance to the U.S. Steel Great Lakes Works plant is seen in Ecorse, Michigan, U.S., September 24, 2019. REUTERS/Rebecca Cook/File Photo

Domestic steel prices, after rising in the immediate aftermath of President Donald Trump’s crackdown on foreign imports, have fallen amid weakening demand from the auto and other manufacturing sectors. The latest layoffs come months after the company decided to temporarily let go of 48 employees at the facility and warned of up to 200 more layoffs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US Steel is closing a Detroit steel mill and laying off 1,500 workersUS Steel is closing a Detroit steel mill and laying off 1,500 workersUS Steel is closing a mill near Detroit, laying off workers and cutting its dividend. The troubled company is trying to reverse operating losses it now forecasts for the fourth quarter.
Read more »

U.S. Steel to lay off workers, cut dividend and terminate stock buybacksU.S. Steel to lay off workers, cut dividend and terminate stock buybacksU.S. Steel Corp. announced Thursday afternoon that its financial performance will be worse than expected in the fourth quarter, and the company plans to...
Read more »

U.S. Steel to lay off workers, cut dividend and terminate stock buybacksU.S. Steel to lay off workers, cut dividend and terminate stock buybacksU.S. Steel Corp. announced Thursday afternoon that its financial performance will be worse than expected in the fourth quarter, and the company plans to...
Read more »

US Steel is closing a Detroit steel mill and laying off 1,500 workersUS Steel is closing a Detroit steel mill and laying off 1,500 workersUS Steel is closing a mill near Detroit, laying off workers and cutting its dividend. The troubled company is trying to reverse operating losses it now forecasts for the fourth quarter.
Read more »

Donald Trump takes shot at U.S. Rep. Debbie Dingell, her husband John Dingell at rallyDonald Trump takes shot at U.S. Rep. Debbie Dingell, her husband John Dingell at rally'Maybe he's looking up,' Trump said, intimating that Dingell ended up in hell, instead. 'I don't know. Let's assume he's looking down.' The crowd cheered the insult.
Read more »



Render Time: 2025-03-01 23:31:11