Arcelor Mittal may cut 10,000 jobs globally next year. The company plans to reduce cost in order to regain its lost market share particularly in Europe, a media report says. Attributing to trade union representatives who attended a European workers committee meeting last week.
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French daily Les Echos said despite the rise in steel production to slash its workforce. The company which currently employs 285300 people is planning to eliminate around 10,000 jobs next year acorss the world.
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