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Downsizing deals - ArcelorMittal steel workers reject wage cut
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Friday, 28 Aug 2009
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AP reported that unionized steel workers at a South Carolina mill have rejected a company offer that would have reduced hours and wages so the mill could reopen.

As per report, many of the workers said the cuts would not allow them to make a living. Workers voted Wednesday on the latest offer from mill owner ArcelorMittal.

The company proposal offered workers a 32 hour week and USD 3.65 an hour pay cut if there were less than 50,000 tonnes of steel orders per quarter.

The mill's 200 workers have been temporarily laid off since last month because of a lack of steel orders.

(Sourced from Associated Press)

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