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: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.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Topic: Industry


Top stories

For a Decent Slovakia gatherings return to streets

Protest gatherings will be held in several cities in Slovakia and abroad.

What we didn't know about our freedom

In 1989, we thought that once the job was done, we would only go out to the squares for Sunday walks.

November 1989 in Bratislava

Bratislava gets a taste of international poetry Video

The international poetry festival Ars Poetica will host poetry readings and other performances at various sites in the city.

Camilla Nelson

Fico sticks with his old-style politics

Only the former PM knows whether the inspiration for his latest stunt was the success of the For A Decent Slovakia-supported candidates in the municipal elections.