Temporary job cut from financially troubled Stelco Inc

Temporary job cut from financially troubled Stelco Inc

According to the recent market reports, in line with its plans to recover its financial structure, Canada's largest steel maker Stelco Inc. declared that they are planning a temporary job cut of 150 workers, to take place on November 22. The job cut, accounting for 3% of the total workforce, will effect workers at Stelco's operations in Hamilton, Ontario.