Spectator on facebook

Spectator on facebook

U.S. Steel Košice to cut jobs

After the steelworks announced a programme of voluntary resignations, more people are likely to leave.

(Source: Courtesy of USSK)

KOŠICE-based company U.S. Steel will cut more than 20 jobs in administration and management due to the prevailing situation on the steel market. The company’s spokesperson Ján Bača did not specify how many people will lose their jobs.

“The overall tally of employees affected will hinge also on production and business conditions and needs,” Bača said, as quoted by the TASR newswire.

According to the Sme daily, the company has offered these people jobs in production.

U.S. Steel Košice says the decision was inspired by the situation in global steel production.

“Particularly in the recent six months, we’ve recorded a massive rise of imported products at extremely low, dumping prices,” Bača said, as quoted by TASR, adding that this development prompted the company management to slim down its organisational management and administration structure.

Read also: Read also:Steelmakers march against Chinese imports

In addition to the abolished 20 jobs, a further 85 employees will voluntarily leave U.S. Steel in the course of the year. They will receive a severance payment for 10 months, amounting to some €19,000, Sme wrote.

Topic: Industry


Top stories

Bratislava has already forgotten the Pressburg ghost

The burnt prints of the penitential reeve’s right hand made Bratislava famous over almost all Europe. Now the story has been almost completely forgotten.

The wooden box with burnt prints.

Product quality laid on the EU table

Concerns over the different quality of same brand products are confirmed, but will anything change soon?

Will shopping in supermarkets soon become a thing of the past?

Everton beats Ružomberok Video

But the victory was narrow.

Peter Maslo (front) and Davy Klaassen (back)

Foreigners: Events in Bratislava Video

Tips for performances and other events in the capital between July 28 and August 6, including concerts, parties, festivals, classical music, inline skating, exhibitions and more.

Folk Painting Vajnory, Stamp