Following are the actions announced by Alcoa Inc to address the economic downturn

1. Primary aluminum smelting cuts to reduce output by more than 750,000 tonnes per year, or 18% of annualized output.

2. Alumina production to be cut to a total of 1.5 million tonnes per year.

3. Total headcount cut by more than 13,500, or 13 percent of Alcoa's worldwide workforce, by the end of 2009. An additional 1,700 contractor positions will be eliminated.

4. A global salary and hiring freeze.

5. Procurement action to lower costs for energy, coke, caustic soda and aluminum fluoride.

6. Initiatives to secure raw materials from alternate suppliers.

7. Divesting four non-core downstream businesses: Electrical and Electronic Systems; Global Foil; Cast Auto Wheels; and Transportation Products Europe.

8. Cutting capital expenditures in 2009 by half to USD 1.8 billion.

9. Cost reductions in global primary metals and alumina operations, affecting approximately 2,600 employee and contractor positions.

10. Restructuring and downsizing of Mill Products businesses in Europe and North America resulting in reduction of 900 positions.

11. Elimination of 235 positions in the US and Europe in Alcoa's global hard alloy extrusion production operations.

12. Realignment of Russian operations affecting 18% of workforce.

13. Planned sale of Electrical and Electronic Systems will reduce positions across North America and Europe by 6,500.

14. Exiting the auto cast wheel business and consolidation of the Beloit, Wisconsin facility employing 265 by June 1, 2009.

15. Alignment of Power and Propulsion business has resulted in the layoff of 1,100 people.

6. Elimination of 260 corporate staff and contractor positions.