Alcoa Closing Plants, Cutting Jobs

Alcoa Inc. announced plans to lay off around 6,500 employs at 40 locations throughout North America and Europe. The cuts represent around 5 percent of the company’s total workforce.

The job cuts will involve firings and buy-outs and include a previously announced shutdown of a plant in Lebanon, Pennsylvania, that makes aluminum foil.

Alcoa will eliminate 1,100 jobs at plants in The Netherlands, Germany and Britain.

Most of the remaining jobs to be eliminated are in North America, spokesman Jack Siewert said.

Get curated news on YOUR industry.

Enter your email to receive our newsletters.

Loading...