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AK Steel latest steel company to announce layoffs as sales decline

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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-09-09 09:57 PM
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AK Steel latest steel company to announce layoffs as sales decline

With the worldwide need for steel at a low another steel company has announced layoff plays. Ohio-based AK Steel will be cutting salaried positions at plants and offices to help cope with a loss in revenue due to the world wide recession. The announcement follows an announcement in December that AK would cut the pay of salaried employees by 5 percent. The company has roughly 1,500 salaried employees.



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MadMaddie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-09-09 10:11 PM
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1. We need steel for the Infrastructure Rebuilding projects
not inferior uninspected foreign steel but good ole American steele.
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